connected persons

connected persons
persons who deal with each other otherwise than at arm's length. Examples include members of the same family, companies within the same group, trusts and trustees, companies and their shareholders, partners and their families. The relevance of the concept is primarily in the field of insolvency and taxation.

Collins dictionary of law. . 2001.

Look at other dictionaries:

  • connected person — The scope of this phrase differs according to the legal context and the statutory definition which applies. Broadly it covers family members trusts, companies controlled by individuals and similar entities. Easyform Glossary of Law Terms. UK law… …   Law dictionary

  • connected person — In the context of the Companies Act (disclosure requirements for directors and connected persons), a director s spouse, child, or stepchild (under 18 years of age), a body corporate with which a director is associated, a trustee for a trust that… …   Accounting dictionary

  • connected person — In the context of the Companies Act (disclosure requirements for directors and connected persons), a director s spouse, child, or stepchild (under 18 years of age), a body corporate with which a director is associated, a trustee for a trust that… …   Big dictionary of business and management

  • connected company — A company is connected with another company if either the same person has control of both companies (or that person and a person connected with him together have control of both companies), or if a group of two or more persons has control of each …   Law dictionary

  • persons discharging managerial responsibilities — person discharging managerial responsibilities (PDMR) As defined in section 96B of the Financial Services and Markets Act 2000: • A director; or • A senior executive of an issuer who …   Law dictionary

  • connected — connectedly, adv. connectedness, n. /keuh nek tid/, adj. 1. united, joined, or linked. 2. having a connection. 3. joined together in sequence; linked coherently: connected ideas. 4. related by family ties. 5. having social or professional… …   Universalium

  • connected — con•nect•ed [[t]kəˈnɛk tɪd[/t]] adj. 1) united, joined, or linked 2) having a connection 3) joined together in sequence; linked coherently: connected ideas[/ex] 4) related by family ties 5) having social or professional relationships, esp. with… …   From formal English to slang

  • connected — adj. 1 joined in sequence. 2 (of ideas etc.) coherent. 3 related or associated. Phrases and idioms: well connected associated, esp. by birth, with persons of good social position. Derivatives: connectedly adv. connectedness n …   Useful english dictionary

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