DOCSLIB.ORG

Annual Financial Report 2011

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

Annual Financial Report 2011 WorldReginfo - 04dd0654-9ef7-4ba2-beab-023715895db9 BANK OF CYPRUS GROUP Annual Financial Report for the year ended 31 December 2011 Contents Page Directors and Executives 1 Statement by the Members of the Board of Directors and the Company Officials Responsible for the Drafting of the Consolidated Financial Statements (in accordance with the provisions of Law 190(Ι)/2007 on Transparency Requirement) 2 Report of the Board of Directors of Bank of Cyprus Public Company Ltd 3 Consolidated Financial Statements of Bank of Cyprus Group 11 Independent Auditor’s Report to the Members of Bank of Cyprus Public Company Ltd 142 Statement by the Members of the Board of Directors and the only Company Officials Responsible for the Drafting of the Financial Statements available (in accordance with the provisions of Law 190(I)/2007 on Transparency Requirement) in Greek Financial Statements of Bank of Cyprus Public Company Ltd only available in Greek Independent Auditor’s Report to the Members of Bank of Cyprus Public Company Ltd only available in Greek Corporate Governance Report 144 Financial Information for Year 2011 159 (as stipulated by Decision 4/507/28.4.2009 of the Board of Directors of the Greek Capital Markets Commission) Table with Corresponding References to the Information made 172 Publicly Available by Bank of Cyprus Public Company Ltd during the period 1.1.2011 to 24.4.2012 WorldReginfo - 04dd0654-9ef7-4ba2-beab-023715895db9 BANK OF CYPRUS GROUP Annual Financial Report 2011 Directors and Executives Board of Directors of Theodoros Aristodemou Bank of Cyprus CHAIRMAN Public Company Ltd (Group Holding Company) Andreas Artemis VICE CHAIRMAN Vassilis G. Rologis Yiannis Kypri Costas Z. Severis Costas Hadjipapas Evdokimos Xenophontos Nikolas P. Tsakos Anna Diogenous Yiannis Pehlivanidis George M. Georgiades Stavros J. Constantinides Christos Mouskis Irene Karamanou Manthos Mavrommatis Elias Neocleous Andreas Eliades Senior Group Executive Andreas Eliades Management GROUP CHIEF EXECUTIVE OFFICER Yiannis Pehlivanidis FIRST DEPUTY GROUP CHIEF EXECUTIVE OFFICER Yiannis Kypri DEPUTY GROUP CHIEF EXECUTIVE OFFICER Christis Hadjimitsis SENIOR GROUP GENERAL MANAGER Nicolas Karydas SENIOR GROUP GENERAL MANAGER Secretary Yiannis Kypri Legal Advisers Chryssafinis & Polyviou Independent Auditors Ernst & Young Cyprus Ltd Registered Office 51 Stassinos Street Ayia Paraskevi, Strovolos P.O. Box. 24884, CY-1398 Nicosia, Cyprus Telephone: +357 22122100, Telefax: +357 22336258 1 WorldReginfo - 04dd0654-9ef7-4ba2-beab-023715895db9 BANK OF CYPRUS PUBLIC COMPANY LTD Annual Financial Report 2011 Statement by the Members of the Board of Directors and the Company Officials Responsible for the Drafting of the Consolidated Financial Statements (in accordance with the provisions of Law 190(I)/2007 on Transparency Requirements) We, the members of the Board of Directors and the officials responsible for the drafting of the consolidated financial statements of Bank of Cyprus Public Company Ltd (the ‘Company’) for the year ended 31 December 2011, confirm that, to the best of our knowledge, (a) the consolidated financial statements on pages 11 to 141. (i) have been prepared in accordance with the International Financial Reporting Standards as adopted by the European Union and the requirements of the Cyprus Companies Law, and (ii) give a true and fair view of the assets, liabilities, financial position and profit or loss of the Company and the undertakings included in the consolidated financial statements taken as a whole, and (b) the Directors’ Report provides a fair review of the developments and performance of the business and the position of the Company and the undertakings included in the consolidated financial statements taken as a whole, together with a description of the principal risks and uncertainties that they face. Theodoros Aristodemou Chairman Andreas Artemis Vice Chairman Vassilis G. Rologis Non-executive Director Costas Z. Severis Non-executive Director Evdokimos Xenophontos Non-executive Director Anna Diogenous Non-executive Director George M. Georgiades Non-executive Director Christos Mouskis Non-executive Director Manthos Mavrommatis Non-executive Director Andreas Eliades Executive Director Yiannis Kypri Executive Director Costas Hadjipapas Non-executive Director Nikolas P. Tsakos Non-executive Director Yiannis Pehlivanidis Executive Director Stavros J. Constantinides Non-executive Director Irene Karamanou Non-executive Director Elias Neocleous Non-executive Director Christis Hadjimitsis Senior Group General Manager 24 April 2012 2 WorldReginfo - 04dd0654-9ef7-4ba2-beab-023715895db9 BANK OF CYPRUS PUBLIC COMPANY LTD Annual Financial Report 2011 Directors’ Report The Board of Directors submit to the shareholders of the Company their Report together with the audited consolidated financial statements for the year ended 31 December 2011. Activities Bank of Cyprus Public Company Ltd (the ‘Company’) is the holding company of the Bank of Cyprus Group (the ‘Group’). The principal activities of the Company and its subsidiaries in Cyprus and abroad during the year continued to be the provision of banking, financial services and insurance services. All Group companies and branches are set out in Note 51 of the consolidated financial statements. Financial results The Group achieved the profitability targets set for 2011, excluding the impairment of Greek Government Bonds (GGBs), despite the continuing negative economic developments in the main markets in which it operates, and has reported increased profit before provisions and increased profit before tax and GGBs impairment. Profit before provisions and the impairment of GGBs reached €805 million, noting an increase of 11% compared to €725 million for 2010 and profit after tax excluding the impairment of GGBs reached €312 million compared to €306 million for 2010, noting an increase of 2%. Following the finalisation of the impact of the GGBs debt exchange plan, the Group has reduced the carrying value of its GGBs by 74% of their nominal value. The post-tax impairment of GGBs, including related hedging costs, amounted to €1.682 million for 2011. At 31 December 2011 the carrying value of GGBs held by the Group amounted to €616 million. Including the impairment of GGBs, Group losses after tax for 2011 amounted to €1.371 million. The losses after tax of the Company amounted to €1.380 million (2010: profits of €332 million). We note that the final audited financial results of the Group for year ended 31 December 2011 differ from the preliminary results announced on 21 February 2012 as a result of the finalisation of the impact of the voluntary exchange program of GGBs. For the final results, the Group has reduced the carrying value of its GGBs by 74% of their nominal value, compared to an impairment of 60% for the preliminary results. 3 WorldReginfo - 04dd0654-9ef7-4ba2-beab-023715895db9 BANK OF CYPRUS PUBLIC COMPANY LTD Annual Financial Report 2011 Directors’ Report Financial results (continued) The main financial highlights for 2011 are set out in the table below: Group Financial Highlights Change 2011 2010 €000 €000 Profit before provisions for impairment of loans and advances and the impairment of Greek Government +11% 805.104 724.964 Bonds (GGBs) Profit after tax attributable to the owners of the +2% 311.532 306.189 Company before GGBs impairment Impairment of GGBs and change in fair value of related - (1.682.303) - hedging derivatives after tax (Loss)/profit after tax attributable to the owners of the - (1.370.771) 306.189 Company Basic earnings per share excluding GGBs impairment -9,5 cent 30,9 cent 40,4 cent Cost to income ratio -2,2 p.p.* 47,8% 50,0% Return on equity excluding GGBs impairment -1,3 p.p.* 10,6% 11,9% Net interest margin +32 b.p.* 2,98% 2,66% Gross Loans +4% 28.872.429 27.874.290** Deposits -7% 29.654.498 32.055.293** Net loans to deposits ratio +8,2 p.p.* 92,3% 84,1% Non performing loans ratio +2,9 p.p.* 10,2% 7,3% * p.p.= percentage points, 1 percentage point = 1% b.p.= basis points, 100 basis point = 1 percentage point (1%) ** Restated so as to exclude Bank of Cyprus Australia Ltd • Significant increase of total income: Total income recorded a significant annual increase of 6%, reaching €1.541 million for 2011 (2010: €1.450 million), demonstrating the Group’s ability to achieve increased recurring income despite the adverse economic conditions. • Improved efficiency: The cost to income ratio has improved to 47,8% for 2011 from 50,0% for 2010 due to the increase in total income and the contained increase of expenses. • Significant increase in profit before provisions and impairment of GGBs: The improved efficiency led to a significant increase in profit before provisions and impairment of GGBs for 2011. Profit before provisions and impairment of GGBs reached €805 million for 2011, noting an increase of 11% compared to 2010 (€725 million). • Improvement of interest margin: The Group’s net interest margin reached 2,98% for 2011, a significant increase of 32 basis points compared to 2,66% for 2010. • Healthy liquidity: The Group has a healthy liquidity position with a net loans to deposits ratio of 92%, minimal repayments of debt securities in the next two years and limited reliance on the interbank market and wholesale funding. The ratio of deposits to total assets stood at 79% at 31 December 2011 (2010: 77%). • Adequate return on equity: The return on equity excluding the impairment of GGBs was maintained at satisfactory levels (2011: 10,6%) in a particularly challenging environment (2010: 11,9%). • Loans and deposits: At 31 December 2011 Group gross loans and deposits were €28,9 billion and €29,7 billion respectively. • Credit risk management: The non-performing loans ratio reached 10,2% at 31 December 2011 compared to 7,3% at 31 December 2010. The provisions coverage ratio (ratio of provisions to non-performing loans) amounted to 51% at 31 December 2011 (2010: 55%). The non-performing loans are loans in arrears for more than three months which are not fully covered by tangible collateral.
Recommended publications
  • Tol, Xeer, and Somalinimo: Recognizing Somali And

    Tol, Xeer, and Somalinimo: Recognizing Somali And

    Tol , Xeer , and Somalinimo : Recognizing Somali and Mushunguli Refugees as Agents in the Integration Process A DISSERTATION SUBMITTED TO THE FACULTY OF THE GRADUATE SCHOOL OF THE UNIVERSITY OF MINNESOTA BY Vinodh Kutty IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF DOCTOR OF PHILOSOPHY David M. Lipset July 2010 © Vinodh Kutty 2010 Acknowledgements A doctoral dissertation is never completed without the help of many individuals. And to all of them, I owe a deep debt of gratitude. Funding for this project was provided by two block grants from the Department of Anthropology at the University of Minnesota and by two Children and Families Fellowship grants from the Annie E. Casey Foundation. These grants allowed me to travel to the United Kingdom and Kenya to conduct research and observe the trajectory of the refugee resettlement process from refugee camp to processing for immigration and then to resettlement to host country. The members of my dissertation committee, David Lipset, my advisor, Timothy Dunnigan, Frank Miller, and Bruce Downing all provided invaluable support and assistance. Indeed, I sometimes felt that my advisor, David Lipset, would not have been able to write this dissertation without my assistance! Timothy Dunnigan challenged me to honor the Somali community I worked with and for that I am grateful because that made the dissertation so much better. Frank Miller asked very thoughtful questions and always encouraged me and Bruce Downing provided me with detailed feedback to ensure that my writing was clear, succinct and organized. I also have others to thank. To my colleagues at the Office of Multicultural Services at Hennepin County, I want to say “Thank You Very Much!” They all provided me with the inspiration to look at the refugee resettlement process more critically and dared me to suggest ways to improve it.
  • Cyprus Criton G

    Cyprus Criton G

    Cyprus Criton G. Tornaritis* The Republic of Cyprus (Kypriake Demokratia _ Crown Colony ceased. 1 Its territory comprises the Kibris Cum_huriyeti) w~ established as an independ­ entirety of the Island of Cyprus, except the Sov­ ent sovereign republic with a presidential regime ereign Base Areas at Episkopi and Dhekelia over on 16 Aug. 196<> when its Constitution came into which the British sovereignty was retained, and it force and the British sovereignty over Cyprus as a is one and indivisible. I. CONSTITUTIONAL SYSTEM 1. Nationality 3. State Organs All citizens ofthe United Kingdom and the Colonies a. General structure. - The main state organs are the who were born in Cyprus after 5 Nov. 1914 or who President of the Republic who is a Greek and is became such citizens, by virtue of the Cyprus elected by the Greek Community; the Vice-President (Annexation) Orders-in-Council or who are de­ ofthe Republic who is a Turk and is elected by the scended in the male line from any such person and Turkish Commmlity; the Council ofMinisters con­ who were ordinarily resident in Cyprus during the sisting often ministers, seven Greek and three Turk, five years immediately preceding 16 Aug. 1960 be­ nominated by the President and the \Gee-President became citizens ofthe Republic. 2 By the Citizenship of the Republic respectively; the independent offi­ of the Republic Law, 1967 (no. 43 of 1967) in force cers (the Attorney-General of the Republic, the since 1 Dec. r¢8, persons born in the Republic after Auditor-General and the Governor of the Issuing 16 Aug.
  • Seafarer Subject Guide Maritime Lien for Seafarers

    Seafarer Subject Guide Maritime Lien for Seafarers

    SEAFARER SUBJECT GUIDE MARITIME LIEN FOR SEAFARERS’ WAGES IN CYPRUS This Guide deals with the rights of seafarers of any nationality to unpaid or underpaid wages in respect of Cypriot flagged ships, and foreign ships which are in the ports of Cyprus. These rights can be enforced in the Supreme Court of Cyprus in its admiralty jurisdiction, where they are secured and preferred by maritime liens and enforced by the arrest and forced (judicial) sale of the ships. This document is not intended to be legal advice, nor does it constitute legal advice. If a seafarer intends to claim his wages, he is strongly advised to consult a lawyer qualified to practise in Cyprus. *A full text version of this Subject Guide including footnotes will become available for subscription in due course. In the meantime if there is a specific inquiry on any Subject Guide, please contact SRI. 1. What is the maritime lien for seafarers’ wages? How is it enforced? 1.1 There is no statutory definition of a maritime lien for seafarers’ wages. The common law definition of a maritime lien is ‘a privileged claim over a vessel or other maritime property in respect of services rendered to, or injury caused by, that vessel or maritime property.’ 1.2 To enforce a maritime lien, a seafarer must invoke the jurisdiction of the Supreme Court of Cyprus by filing an action in rem against the res (that is, the vessel) or an action in personam against the owners and/or managers and/or operators of the vessel. In either case the court must first accept that it has jurisdiction to hear such a claim.
  • International Covenant on Civil and Political Rights

    International Covenant on Civil and Political Rights

    INTERNATIONAL COVENANT Distr. GENERAL ON CIVIL AND CCPR/o/l/Add.28 POLITICAL RIGHTS 26 June 1978 Original ; ENGLISH Human Rights Committee Fourth session CONSIDERATION OF REPORTS SUBMITTED BY STATES PARTIES UNDER ARTICLE 40 OF THE COVEHAlff Initial reports of States Parties due in 1977 Addendum CYPRU [27.May 1978] Part I General Almost all the rights recognized in the present Covenant are protected by the constitution of the Republic of Cyprus which is the Supreme Law of the Republic by virtue of Article 179 of the constitution. Moreover the present Covenant which has been approved by law 14-Qf 1969 of the Republic of Cyprus, forms part of the municipal law of Cyprus and with superior force to any other municipal law (Article 169(3 ) of the constitution). In Part II of this report each right recognized in the present Covenant shall be examined separately, setting out the corresponding provision of the constitution as well as the legislative or other measures which are in force and which give effect to certain provisions of the Covenant. The answer to all the queries set out in paragraph 3 Part I of the "General Guidelines regarding the form and contents of reports from State Parties under article 40 of the Covenant" .(adopted by the Human Rights Committee at its 2nd Session - August 1977).shall be given in Part II of this report. 2. Under article 183 of the Constitution, of Cyprus (the text, of which was given to the Committee at its 2nd session by the Representative of Cyprus) the Government of Cyprus has poxrer to declare by proclamation a state of emergency and suspend certain, .articles of the Constitution to the same effect as the provisions of article 4 of the Covenant.
  • The Impact of European Private Law Upon the Mixed Legal Systems of Cyprus

    The Impact of European Private Law Upon the Mixed Legal Systems of Cyprus

    Journal of Civil Law Studies Volume 12 Number 1 2019 Article 5 10-9-2019 The Impact of European Private Law Upon the Mixed Legal Systems of Cyprus Nicholas Mouttotos Follow this and additional works at: https://digitalcommons.law.lsu.edu/jcls Part of the Civil Law Commons Repository Citation Nicholas Mouttotos, The Impact of European Private Law Upon the Mixed Legal Systems of Cyprus, 12 J. Civ. L. Stud. (2019) Available at: https://digitalcommons.law.lsu.edu/jcls/vol12/iss1/5 This Article is brought to you for free and open access by the Law Reviews and Journals at LSU Law Digital Commons. It has been accepted for inclusion in Journal of Civil Law Studies by an authorized editor of LSU Law Digital Commons. For more information, please contact [email protected]. THE IMPACT OF EUROPEAN PRIVATE LAW UPON THE MIXED LEGAL SYSTEM OF CYPRUS Nicholas Mouttotos∗ I. Introduction ............................................................................... 96 II. Mixed Jurisdictions .................................................................. 98 A. Mixed Jurisdictions as a Model for Europe? ..................... 100 B. The Mixed Legal System of Cyprus .................................. 103 C. Historical Evolution ........................................................... 104 D. The Legal System .............................................................. 115 E. Contract and Commercial Law ........................................... 119 III. The Impact of EU Law ......................................................... 124 IV. Consumer Protection
  • Income Tax Treaty

    Income Tax Treaty

    TAX CONVENTION WITH THE REPUBLIC OF CYPRUS Convention, with Exchange of Notes, Signed at Nicosia March 19, 1984; Transmitted by the President of the United States of America to the Senate August 21, 1984 (Treaty Doc. No. 98-32, 98th Cong., 2d Sess.); Reported Favorably by the Senate Committee on Foreign Relations December 11, 1985 (S. Ex. Rept. No. 99-8, 99th Cong., 1st Sess.); Advice and Consent to Ratification by the Senate December 16, 1985; Ratified by the President December 23, 1985; Ratified by Cyprus December 18, 1985; Ratifications Exchanged at Washington December 31, 1985; Proclaimed by the President September 9, 1986; Entered into Force December 31, 1985. GENERAL EFFECTIVE DATE UNDER ARTICLE 30: 1 JANUARY 1986 TABLE OF ARTICLES Article 1---------------------------------Taxes Covered Article 2---------------------------------General Definitions Article 3---------------------------------Fiscal Residence Article 4---------------------------------General Rules of Taxation Article 5---------------------------------Relief from Double Taxation Article 6---------------------------------Source of Income Article 7---------------------------------Non-Discrimination Article 8---------------------------------Business Profits Article 9---------------------------------Permanent Establishment Article 10--------------------------------Shipping and Air Transport Article 11--------------------------------Related Persons Article 12--------------------------------Dividends Article 13--------------------------------Interest Article 14--------------------------------Royalties
  • Asr-2067330.Pdf

    Asr-2067330.Pdf

    Cyprus Cyprus Patrikios Pavlou & Associates LLC Stavros Pavlou 1. THE BASIS OF CIVIL FRAUD OBLIGatIONS UNDER CYPRUS LAW Type of legal system The Cyprus legal system is largely based on common law. Cyprus, as a former British colony, inherited common law doctrines and principles which were codified into legislation when the Republic of Cyprus was established in 1960. The Cyprus legal system benefits from the certainty of a codified law and the flexibility of well-developed common law and equity principles. English case law and principles are widely applied and provide valuable guidance to the Cyprus courts. This stems statutorily from section 29(1)(c) of the Courts of Justice Law 1960 (Courts of Justice Law) which provides that common law is generally applied in Cyprus in the absence of other legislative provisions. Statute Fraud can arise under statute as: • a tort (civil wrong) under the Civil Wrongs Law, Cap. 148. Section 36 of the Civil Wrongs Law essentially codifies English common law principles relating to tort. The law is to be interpreted according to the legal principles that prevail in England, and the terms in law will be given the same meaning as in English law (section 2, Civil Wrongs Law); and • contractual fraud, under the Contracts Law, Cap. 149. Contractual fraud is covered in section 17 of the Contracts Law. Section 2 of the Contracts Law mirrors the interpretation guidelines found in the Civil Wrongs Law (see above). Statutory provisions relating to fraud are also found in the Companies Law, Cap. 113, which mirrors the English Companies Act 1948, particularly in section 180 relating to directors’ fiduciary duties.
  • Constitution of the Greek Cypriot State

    Constitution of the Greek Cypriot State

    CONSTITUTION OF THE GREEK CYPRIOT STATE Part I - GENERAL PROVISIONS Article 1 – Fundamental Provisions 1. The Greek Cypriot State is a Constituent State of the United Cyprus Republic. 2. The Greek Cypriot State derives its authority from, and exercises it within the limits of the Federal Constitution of the United Cyprus Republic, exercising all powers not vested by the Federal Constitution in the Federal Government, and organizing itself under this Constitution in conformity with the fundamental principles of the Rule of Law, respect for fundamental liberties and individual rights, democracy, equality and representative republican government as prescribed by Article 2 paragraph 3 of the constitution of the United Cyprus Republic. Article 2 – The Greek Cypriot State and the European Union 1. The Greek Cypriot State is committed to the Purposes and the legal order of the European Union. Within its area of competence, the Greek Cypriot State shall participate in the formulation of the policy of Cyprus in the European Union and shall fulfill all relevant obligations. 2. No provision of this Constitution shall be deemed as invalidating any Laws, acts or measures by the Greek Cypriot State required for or by the obligations of European Union membership, or as preventing any Laws, acts or measures by the European Union, or institutions thereof from having the force of law throughout the Greek Cypriot State, or as preventing the transposition, as necessary, of the acquis communautaire. Article 3 – Primacy of Law and fidelity to the constitution of the United Cyprus Republic 1. Within the limits of the Constitution of the United Cyprus Republic, this Constitution shall prevail over any other law of the Greek Cypriot State.
  • Eg Phd, Mphil, Dclinpsychol

    Eg Phd, Mphil, Dclinpsychol

    This thesis has been submitted in fulfilment of the requirements for a postgraduate degree (e.g. PhD, MPhil, DClinPsychol) at the University of Edinburgh. Please note the following terms and conditions of use: This work is protected by copyright and other intellectual property rights, which are retained by the thesis author, unless otherwise stated. A copy can be downloaded for personal non-commercial research or study, without prior permission or charge. This thesis cannot be reproduced or quoted extensively from without first obtaining permission in writing from the author. The content must not be changed in any way or sold commercially in any format or medium without the formal permission of the author. When referring to this work, full bibliographic details including the author, title, awarding institution and date of the thesis must be given. 1 JUDICIAL PUNISHTECTURE AND MERCYING IN CYPRUS NICHOLAS GEORGE SANTIS DOCTOR OF PHILOSOPHY THESIS IN LAW THE UNIVERSITY OF EDINBURGH 2010 2 ABSTRACT The thesis unveils how judges decide sentences in Cyprus and how they employ mercy to contour their judgments by determining at the same time whether these decisions are reached within or on the basis of a consistent legitimising framework founded in or derived from moral legal theory. The study professes a degree of originality in that it deals with the academically unexplored ground of the Cypriot sentencing reality and investigates the role of mercy not only as a component (or not) element of justice but, additionally, as a purposive ingredient of judicial discretion in the determination of sentence. It emphasises positive rather than normative analysis.
  • Cyprus As a Mixed Legal System

    Cyprus As a Mixed Legal System

    Journal of Civil Law Studies Volume 6 Number 1 Article 3 8-15-2013 Cyprus as a Mixed Legal System Nikitas E. Hatzimihail Follow this and additional works at: https://digitalcommons.law.lsu.edu/jcls Part of the Civil Law Commons Repository Citation Nikitas E. Hatzimihail, Cyprus as a Mixed Legal System, 6 J. Civ. L. Stud. (2013) Available at: https://digitalcommons.law.lsu.edu/jcls/vol6/iss1/3 This Article is brought to you for free and open access by the Law Reviews and Journals at LSU Law Digital Commons. It has been accepted for inclusion in Journal of Civil Law Studies by an authorized editor of LSU Law Digital Commons. For more information, please contact [email protected]. CYPRUS AS A MIXED LEGAL SYSTEM Nikitas E. Hatzimihail* Abstract ......................................................................................... 38 I. Introduction ............................................................................... 39 II. A Historical Overview ............................................................. 42 A. Early History ........................................................................ 43 B. British Colonial Rule (1878-1960) ....................................... 44 C. Independence ........................................................................ 48 D. The Post-Colonial Legal Mind ............................................. 52 III. The Administration of Justice System .................................... 54 A. The Legal Profession ........................................................... 55 1. A Unitary Bar
  • This Electronic Thesis Or Dissertation Has Been Downloaded from Explore Bristol Research

    This Electronic Thesis Or Dissertation Has Been Downloaded from Explore Bristol Research

    This electronic thesis or dissertation has been downloaded from Explore Bristol Research, http://research-information.bristol.ac.uk Author: Whittle, Jonathan J Title: How constitutional arrangements for the exercise of self-determination by the territory of Somaliland may impact Somaliland’s engagement with the international human rights system? General rights Access to the thesis is subject to the Creative Commons Attribution - NonCommercial-No Derivatives 4.0 International Public License. A copy of this may be found at https://creativecommons.org/licenses/by-nc-nd/4.0/legalcode This license sets out your rights and the restrictions that apply to your access to the thesis so it is important you read this before proceeding. Take down policy Some pages of this thesis may have been removed for copyright restrictions prior to having it been deposited in Explore Bristol Research. However, if you have discovered material within the thesis that you consider to be unlawful e.g. breaches of copyright (either yours or that of a third party) or any other law, including but not limited to those relating to patent, trademark, confidentiality, data protection, obscenity, defamation, libel, then please contact [email protected] and include the following information in your message: •Your contact details •Bibliographic details for the item, including a URL •An outline nature of the complaint Your claim will be investigated and, where appropriate, the item in question will be removed from public view as soon as possible. How constitutional
  • Legal and Institutional Responses to Growing Water Demand

    Legal and Institutional Responses to Growing Water Demand

    Legislative Study No. 14 LEGAL AND INSTITUTIONAL RESPONSES TO GROWING WATER DEMAND prepared by Ludwik Teclaff for the LEGISLATION BRANCH, LEGAL OFFICE FOOD AND AGRICULTURE ORGANIZATION OF THE UNITED NATIONS Rome, 1977 The designations employed and the presentation of material in this publication do not imply the expression of any opinion whatsoever on the part of the Food and Agriculture Organization of the United Nations concerning the legal status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. The opinions expressed in this publication are those of the author and are not necessarily those of the Food and Agriculture Organization of the United Nations M-50 ISBN 92-5-100444-7 The copyright in this book is vested in the Food and Agriculture Organization of the United Nations. The book may not be reproduced, in whole or in part, by any method or process, without written permission from the copyright holder. Applications for such permission, with a statement of the purpose and extent of the reproduction desired, should be addressed to the Director, Publications Division, Food and Agriculture Organization of the United Nations, Via delle Terme di Caracalla, 00100 Rome, Italy. ©FAO 1977 - iii - FOREWORD In addition to the growing number of comparative studies on water law and administration published so far by the United Nations Secretariat and by FAO, two important international conferences were convened in 1975 and 1976 to review past experiences and world-wide