Sentences with phrase «act under this exemption»

discloses in writing to the strata corporation before providing the services that, even though the individual is a licensee, they are not acting as a licensee in this case, the licensee is not regulated under the Real Estate Services Act in relation to the strata management services, and the strata corporation is not entitled to the same protections applicable under the Real Estate Services Act to persons who deal with licensees who are not acting under this exemption;

Applicants for licensing who are providing real estate services under any of the exemptions listed in the Real Estate Services Regulation (see list below) must either start providing those services on behalf of their new brokerage, or stop acting under the exemption.

These guidelines also apply to strata caretakers acting under the exemption in section 2.18 of the Regulation.

The exemption under section 2.5 of the Real Estate Services Regulation is only available for individuals who are employees of developers; therefore, the unlicensed marketing company is not able to act under this exemption both because it is not an «individual», and because the proposed relationship with the developer is that of an independent contractor rather than an employee.

An individual acting under this exemption must disclose to other principals (i.e., potential buyers of the development unit) that the individual is not licensed under RESA, who the individual is employed by, and that the individual is acting on behalf of the developer (s) and not on behalf of the buyer.

Section 2 of RESA does not allow a licensee to also act under one of the exemptions; therefore, a person licensed to provide strata management services and / or trading services only may not also act under this exemption.

Not exact matches

Walsky says Coalition is able to continue making the beer because there's an exemption for industrial hemp and the CBD it uses comes from a proprietary product that does not fall under the controlled substances act.

Titled «The CryptoCurrency Tax Fairness Act,» the bill would create an exemption for transactions under $ 600 and clarify what third party exchanges should do to help with tax reporting.

The notes to be offered have not been, and will not be, registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act of 1933.

The Offer is being made in the U.S. pursuant to Section 14 (e) of, and Regulation 14E under, the U.S. Securities Exchange Act of 1934, as amended (the U.S. Exchange Act), subject to the exemptions provided by Rule 14d - 1 and Rule 14e - 5 under the U.S. Exchange Act and any exemptions from such requirements granted by the U.S. Securities and Exchange Commission (the SEC), and otherwise in accordance with the requirements of Swiss law.

The Notes will not be registered under the Securities Act of 1933, as amended (the «Securities Act «-RRB-, or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from, or a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.

Specifically, the exemption requires that the advisor, the institution issuing the product and client enter into a contract that clearly commits the advisor to acting in the client's best interests, using the care, skill and prudence that would be exercised by prudent person under the circumstances (the definition that generally governs a fiduciary's duties in other contexts).

The complaint states that in promulgating the final revisions to PTE 84 - 24, which make the exemption available to «fixed rate annuities,» as defined by DOL, but not to one class of fixed annuities — specifically, «fixed indexed annuities» — the Department «acted without providing adequate notice and an opportunity for comment, reflecting arbitrary and capricious conduct in excess of its statutory authority and in clear violation of its obligations to make necessary findings under applicable law.»

Under Rule 506 (b), a «safe harbor» under Section 4 (a)(2) of the Securities Act, a company can be assured it is within the Section 4 (a)(2) exemption by satisfying certain requirements, including the folloUnder Rule 506 (b), a «safe harbor» under Section 4 (a)(2) of the Securities Act, a company can be assured it is within the Section 4 (a)(2) exemption by satisfying certain requirements, including the follounder Section 4 (a)(2) of the Securities Act, a company can be assured it is within the Section 4 (a)(2) exemption by satisfying certain requirements, including the following:

All offers and sales of securities must be made in accordance with registration under the Securities Act or an exemption from that registration.

The first, HB0019, is an exemption for «virtual currency» from regulation under the Wyoming Money Transmitter Act.

The securities are offered pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended, and are not required to comply with specific disclosure requirements that apply to registration under the Securities Act.

They are speaking about the way Rule 506 under Reg D was reformed by rulemaking pursuant to the JOBS Act, to permit general solicitation while preserving a Rule 506 exemption that is preemptive of state law, as long as all purchasers are verified to be accredited investors.

The Debentures have not been and will not be registered under the U.S. Securities Act of 1933 (the «U.S. Securities Act»), and may not be offered or sold in the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the U.S. Securities Act), absent registration or an applicable exemption from registration requirements.

DOL notes that like the FAQs issued on Oct. 27 on the Prohibited Transaction Exemptions, the FAQ for advisors focuses particularly on specific technical questions raised by financial service providers, and it is limited to investment advice concerning plans covered under the Employee Retirement Income Security Act, IRAs and other plans covered by Section 4975 (e)(1) of the Internal Revenue Code.

Investments pursuant to the proposed crowdfunding exemption are limited to $ 5,000 per investor, unless the investor is an accredited investor as defined in Rule 501 under the Securities Act of 1933.

Post this, you need to deduct the exemptions listed under sections 54, 54EC, 54F, and 54B and the resulting number will act as your short - term capital gain on which the capital gains tax will be levied.

The most common exemptions relied on to avoid registration under the Act are those commonly referred to as «private placement» exemptions.

Fortunately, there are a number of exemptions under the Act which will allow these companies to sell their securities to investors without registration, the most popular of which involve «private placements.»

Those groups suggest that federal employment discrimination protections will burden religious employers and co-workers, but belittle a robust religious exemption that has served the interests of religious groups under the Civil Rights Act of 1964 for nearly four decades.

Since 1 January 2005, all uses of methyl bromide, other than for certified Quarantine and Pre-Shipment, approved feedstock applications, or approved under critical use exemptions, have been prohibited in Australia under the Ozone Protection and Synthetic Greenhouse Gas Management Act 1989 (the Act).

Under the Compensation (Exemptions) Order 2006 British Cycling is exempt from authorisation by the regulator under section 4 (1) of the Compensation Act Under the Compensation (Exemptions) Order 2006 British Cycling is exempt from authorisation by the regulator under section 4 (1) of the Compensation Act under section 4 (1) of the Compensation Act 2006.

Our amendment introduces an exemption for organisations which are deemed to be small by the test under the Companies Act.

«Our acceptance of your advice brings to an end the review process we were undertaking in parallel to consider the case for a bespoke exemption for the alkyl nitrites group [of which poppers are a member] under the Act on the basis of their beneficial and relationship effects.

«Some of the information which you have requested is being considered under the exemption in Section 43 (2) of the Act,» they said.

For instance, there are qualified exemptions for religious organisations written into the law that prohibits homophobic discrimination in the workplace under the Equality Act, all of which remain in place.

That's in part because the identity of the chemicals used by the gas industry for drilling and fracturing are protected as trade secrets, and because the EPA, based on an exemption passed under the 2005 Energy Policy Act, does not have authority to investigate the fracturing process under the Safe Drinking Water Act.

The current law grants an exemption to anyone who «holds a recognized honours or higher degree in one or more of the physical, chemical, life, computer or mathematical sciences, or who possesses an equivalent combination of training, and experience,» or is acting under the direct supervision of a professional engineer.

Important Notice Regarding Private Placements Any securities offered by Superdate in the United States under Regulation D, Rule 506 (c) would be offered in reliance on an exemption from the registration requirements of the Securities Act of 1933, as amended, and we would not be required to comply with full disclosure requirements that apply to the offering of registered securities under the Securities Act.

Such a facility is permitted under the «home copying exemption» detailed in Section 70 of the Copyright Designs and Patents Act 1988

-- Notwithstanding any other provision of law, a school participating in any program under this title that is operated by, supervised by, controlled by, or connected to, a religious organization may exercise its right in matters of employment consistent with title VII of the Civil Rights Act of 1964 (42 U.S.C. 2000e — 1 et seq.), including the exemptions in such title.

Accordingly, the judge noted that the department of education and the Loudoun school system failed to «meet the burden of proof to establish an exemption» under Virginia's Freedom of Information Act [FOIA]» preventing the release of teachers» identifiable information (i.e., beyond teachers» SGP data).

Notwithstanding any other provision of this act, a school district that received an exemption under Florida's Race to the Top Memorandum of Understanding for Phase 2, as provided in s. (D)(2)(ii) of the memorandum, is allowed to base 40 percent, instead of 50 percent, of instructional personnel and school administrator performance evaluations upon student learning growth under s. 1012.34, as amended by this act.

But most importantly, this bill could bankrupt local school districts that would be required to pay for the CEQA analysis, and face huge legal liabilities if they were sued under the CEQA act; the districts — not the charters — could be liable as the zoning exemption approval agency.

There are 10 exemptions to the Privacy Act under which an agency can withhold certain kinds of information from you.

Or you qualify under the Indian Act exemption for employment income or Non-taxable pension income.

ELSS is a diversified equity mutual fund that qualifies for tax exemption under section 80C of income tax act.

The warrants were issued pursuant to an exemption under Rule 506 and / or Section 4 (2) of the Securities Act of 1933.

Under Section 5 of the Securities Act of 1933, all offers and sales of securities must be registered with the SEC or qualify for some exemption from the registration requirements.

The two key elements that must be satisfied in order for the borrower to claim that exemption and shield themselves from any tax liability under the Act are as follow.

In an action under this Act the burden of proving an exemption under paragraph (d) of Section 3 is on the person claiming the exemption.

[FN25] However, an important exemption from the definition of «credit repair organization» in the CROA, and one that has indeed become crucial in the evolution of credit repair organizations covered by the act, relates to «any nonprofit organization exempt from taxation under § 501 (c)(3) of title 26.»

The American Taxpayer Relief Act of 2012 (ATRA) enacted a permanent AMT fix by establishing a higher AMT exemption amount, indexing the AMT parameters for inflation, and allowing specified tax credits under the AMT.

NULIPs with a sum assured which is at least 10 times the annualised premium are eligible for tax exemptions under Section 10 (10D) of the Income Tax Act.

Under guidelines adopted by the Trust's Board, a Fund's Adviser may determine that particular Rule 144A securities, and commercial paper issued in reliance on the private placement exemption from registration afforded by Section 4 (a)(2) of the Securities Act, are liquid even though they are not registered.