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In sections 15 to 32 and 48 of the Criminal Law Act 1977, the expression "fine" includes any pecuniary penalty. [ 13 ] In England, there is now a system whereby the court gives the offender a 'fine card', which is somewhat like a credit card ; at any shop that has a paying-in machine, he pays the value of the fine to the shop, which then uses ...
Usually, it is controlled by the District Courts of the respective district. The District Munsif Court is authorised to try matters pertaining to certain pecuniary limits. The State Government notifies the pecuniary limits for the District Munsiff Courts. It is under the charge of a munsiff magistrate/judicial collector.
A pecuniary externality occurs when the actions of an economic agent cause an increase or decrease in market prices. For example, an influx of city-dwellers buying second homes in a rural area can drive up house prices, making it difficult for young people in the area to buy a house.
Isaac Kalimi said that the lex talionis was "humanized" by the Rabbis who interpreted "an eye for an eye" to mean reasonable pecuniary compensation. As in the case of the Babylonian lex talionis, ethical Judaism and humane Jewish jurisprudence replaces the peshat (literal meaning) of the written Torah. [15]
This is an example of a pecuniary externality, because the positive spillover is accounted for in market prices. In this case, house prices in the neighborhood will increase to match the increased real estate value from maintaining their aesthetic.
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In English common law, the fiduciary relation is an important concept within a part of the legal system known as equity. In the United Kingdom, the Judicature Acts merged the courts of equity (historically based in England's Court of Chancery ) with the courts of common law, and as a result the concept of fiduciary duty also became applicable ...