0 if an option (= right to buy or sell shares, etc.) is exercisable on a particular date, the shares mentioned in it can be bought or sold then:
In some situations, carefully crafted laws deliver rights that are not in practice exercisable.
For some individuals, strong legal rights were not in practice exercisable, and the result was deprivation.
The power is exercisable by regulations, or by order if the change in child benefit coincides with an uprating of national insurance benefits.
Regarding the right of appeal, if one is giving absolute discretion to a body then that discretion must be fully exercisable and not easily overthrown.
I referred earlier to the prescribed periods for which plant breeders' rights are exercisable.
But this right will be exercisable only from overseas, except where the passenger holds a work permit, entry certificate, visa or other document of entitlement.
In other words, the right is only exercisable against the itinerant trader, whether he is on public or private property.
The assembly's functions will generally be exercisable by those to whom it delegates those functions.
