Sentences with phrase «exempt under the provisions»

Upon dissolution of the Corporation, any assets remaining after payment of or provision for its debts and liabilities shall, consistent with the purposes of the organization, be paid over to charitable organizations exempt under the provisions of Section 501 (c)(3) of the U.S. Internal Revenue Code or corresponding provisions of subsequently enacted federal law and whose purposes and objectives promote breastfeeding education and support.

The MFHS is a Minnesota, non-profit corporation, tax exempt under the provisions of I.R.C. 501 (c)(3).

The maturity amount or death benefit received is fully exempt under the provisions of this section.

Not exact matches

Faith schools can recruit up to one - fifth of their staff, including their head, from within a particular faith as they are exempt from certain equalities provisions under employment law.

The northern Christian population grew rapidly; in fact, Christians today form the majority in half of the 12 northern states, which are now all under Islamic law (although Christians are in theory exempt from Shari`ah provisions).

Executive budget provisions included; also under Article 9A: includes IRC § 951A (GILTI) income under definition of exempt CFC income; decouples from federal cap on business interest deduction; decouples from federal cap on deduction of FDIC premiums; makes same changes in NYC corporation tax.

Only parents who are severely disabled or those who have a child under the age of one will be exempt from the new bill's provisions.

In the event of dissolution or termination of the Association, the Board shall, after the payment of all of the liabilities of the Association, dispose of all of the assets of the Association exclusively for the objectives of the Association, in such manner, or to such organization or organizations organized exclusively for charitable, educational, or scientific purposes as shall at the time qualify as an exempt organization or organizations under Section 501 (c) 3 of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law) as the Board shall determine.

Notwithstanding any of the provisions of the Constitution, the Association shall not carry on any other activities not permitted to be carried on (a) by a corporation exempt from Federal income tax under Section 501 (c) 3 of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law) or (b) by a corporation, contributions to which are deductible under Section 170 (c) 2 of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue Law).

In the event of dissolution of the Division, any assets of the Division, remaining thereafter shall be conveyed to the American Association for the Advancement of Science or, failing its existence, to such organization then existent dedicated to objectives similar to those of the Division and the American Association for the Advancement of Science, so long as whichever organization is selected by the governing body of the Division at the time of dissolution shall be exempt under Section 501 (c)(3) of the Internal Revenue Code of 1954, as amended, or under such successor provision of the Code as may be in effect at the time of the Divisions dissolution.

Upon dissolution or winding up of said corporation's affairs, whether voluntary or involuntary, all of its assets then remaining in the hands of the board of directors shall, after paying or making provision for payment of all of said corporation's liabilities, be distributed, transferred, conveyed, delivered, and paid over only to educational, scientific, literary, or charitable organizations that are exempt from federal income tax under section 501 (c)(3) of the Internal Revenue Code of 1986, as amended, and which are not private foundations within the meaning of section 509 (a) of the Internal Revenue Code of 1986, as amended, on whatever terms and conditions and in whatever amounts the board of directors may determine, for use exclusively for educational, scientific, literary, or charitable purposes, except that no distribution shall be made to organizations testing for public safety.

In the event of dissolution of the Division, any assets of the Division remaining thereafter shall be transferred by the Finance Officer to the American Association for the Advancement of Science, or failing its existence, to such organization as may be dedicated to objectives similar to those of the Arctic Division of the Association, as determined by the Executive Committee of the Arctic Division, and provided that such organization is exempt under Section 501 (c)(3) of the Internal Revenue Code of 1954, as amended, or under such successor provision of the Code as may be in effect at the time of the Division's dissolution.

Under a provision of the state penal code, he said, parents and teachers are exempt from any criminal assault charges stemming from the use of corporal punishment.

Proponents claim that civil rights laws apply under this bill, but they fail to explain that many of the private schools that are eligible to take vouchers are exempt from key provisions in civil rights laws.

An employee evaluation prepared pursuant to s. 1012.33, s. 1012.34, or s. 1012.56 or rules adopted by the State Board of Education or district school board under the authority of those sections shall be confidential and exempt from the provisions of s. 119.07 (1) until the end of the school year immediately following the school year in which the evaluation was made.

Proponents maintain that civil rights laws apply under this bill, but they fail to explain that many of the private schools that are eligible to take vouchers are exempt from key provisions in civil rights laws.

In exchange, states could be exempt from some of the most prominent NCLB requirements, including provisions related to the 100 percent proficiency target, AYP requirements, and the identification of and interventions for low - performing schools (see sidebar Key Provisions Waived Under ESEA Fleprovisions related to the 100 percent proficiency target, AYP requirements, and the identification of and interventions for low - performing schools (see sidebar Key Provisions Waived Under ESEA FleProvisions Waived Under ESEA Flexibility).

(c) The Secretary, in consultation with the Secretary of Housing and Urban Development, and subject to the provisions of section 306, is authorized to insure up to 100 per centum of any mortgage (including advances on such mortgage during construction) in accordance with the provisions of this section upon such terms and conditions as he may prescribe and make commitments for insurance for such mortgage prior to the date of its execution or disbursement thereon, except that no mortgage of any public agency shall be insured under this section if the interest from such mortgage is exempt from Federal taxation.

Amazon, Kobo and Sony, under the umbrella «Coalition of E-Reader Manufacturers» and represented by Covington & Burling, argue (petition embedded below) that e-readers should be exempt from two provisions in the Twenty - First Century Communications and Video Accessibility Act, which President Obama signed into law in 2010.

Upon the dissolution of the association known as the New Jersey Association of School Librarians, Inc., the Board of Trustees will, after paying or making provision for the payment of all of the liabilities of the Association, distribute the remaining assets to such organization or organizations organized and operated exclusively for charitable, educational, religious, or scientific purposes as will at the time qualify as an exempt organization or organizations under section 501 (c)(3) of the Internal Revenue Code of 1954 (or the corresponding provisions of any future United States Internal Revenue Law), as the Board of Trustees will determine, or to a state, federal or local government for a public purpose.

The exempt proportion under this provision for an income year is the: average value of a fund's current pension liabilities for the year, divided by the average value of its superannuation liabilities for the year.

A trustee of a pooled superannuation trust with a relevant exempt proportion for the 2016 - 17 income year (refer to paragraph 68B of this Ruling) of 100 % should choose option one, and not option two, for any deemed capital gains under the CGT relief provisions (refer to paragraph 86A of this Ruling).

The right of a judgment debtor to accelerate payment of part or all of the death benefit or special surrender value under a life insurance policy, as authorized by paragraph one of subsection (a) of one thousand one hundred thirteen of the insurance law [* see below], or to enter into a viatical settlement pursuant to the provisions of article seventy - eight of the insurance law, is exempt from application to the satisfaction of a money judgment.

A trustee of a pooled superannuation trust with a relevant exempt proportion for the 2016 - 17 income year (refer to paragraph 68B of this Guideline) of 100 % should choose option one, and not option two, for any deemed capital gains under the CGT relief provisions (refer to paragraph 86A of this Guideline).

whether the consumer credit transaction or other transaction is made under the provisions of the National Housing Act, or where the creditor is exempt from licensing under this chapter, (ii) where the credit transaction is not a consumer transaction, (iii) where the credit transaction is by a trust institution as defined in Section 5 - 12A - 1 (1), in its capacity as a fiduciary under any plan or agreement qualified under 26 USC 401 (a) or defined by 5 USC 8437, 26 USC 403 (b), or 26 USC 457, or a trust exempt under 26 USC 501, or (iv) to any municipal pension system created under the laws of the State of Alabama.

An individual who acts as a mortgage broker exclusively for a single mortgage banker or single exempt person and who is licensed under the provisions of G.S. 53 ‑ 243.05 (c)(1a).

Although these do not qualify for the exemption based on owning four or fewer breeding females and selling puppies born and raised on your premises, APHIS might find their sale exempt under other provisions of the AWA regulations.

Only a person licensed under sections sixty - seven hundred eleven and sixty - seven hundred eleven - a of this article or exempted from its provisions by section sixty - seven hundred twelve shall practice veterinary technology or use the title «veterinary technician».

Thus, it is not because the national courts — even Constitutional Courts — interpret national provisions in a manner deemed to satisfy the requirements of a directive, that a Member State is exempted from its obligation under EU law to transpose a directive.

Currently, EU citizens are exempted from the provisions of the Immigration Act 1988 by section 7 (1), which states: «[a] person shall not under the principal Act require leave to enter or remain in the United Kingdom in any case in which he is entitled to do by virtue of an enforceable Community [Union] rights or of any provisions made under section 2 (2) of the European Communities Act 1972».

A case commonly cited on this issue is British Columbia v Henfrey Samson Belair Ltd. (1989), 59 DLR (4th) 726 (SCC)(«Samson»), where the Court determined that if the property deemed to be in trust by the province under the Social Service Tax Act (RSBC 1979, c 388) formed a true trust at common law, then the property would be exempt from distribution, thereby affirming the provision in the BIA.

The recent case of Re Madoff Securities International is welcome in that it confirms the availability and application of the various exempting provisions under the UK Data Protection Act 1998 in the litigation context — at least in fraud investigations.

The personal property must be exempt (1) under Florida Statute 732.402 or (2) constitutionally exempt from creditor's claims under state constitutional provisions (i.e., homestead protections).

(b) A provision of a lease that purports to waive a right or to exempt a landlord from a liability or duty under this section is void.

This is because pension assets can be subject to special provisions under the Ontario Pension Benefits Act, which keep them exempt from seizure by way of execution, which includes seizure by a bankruptcy trustee.

If the answer to Issue (2) is «yes», are the Relevant Provisions exempt from assessment for fairness under the 1994 Regulations by virtue of Regulation 3 (2) because they either define the main subject matter of the contract or concern the adequacy of the price or remuneration, as against the goods or services sold or supplied?

If your job title is «manager» but you have no one reporting to you, do not have the authority to discipline, set schedules, promote, etc, then you are likely not exempt from overtime provisions under employment standards law.

The provision of a «municipal transit service» is an exempt supply under the terms of the Excise Tax Act, R.S.C. 1985, c. E-15 («ETA»).

On December 9, the Eleventh Circuit issued the first opinion in the country from a circuit court of appeals addressing the split of authority among the federal district and state courts on whether builders, whose developments are partially exempt under ILSA, must comply with all disclosure provisions.

The final rule exempts disclosures of protected health information from a covered entity to a health care provider for treatment from the minimum necessary provision and eliminates the case - by - case determinations that would have been necessary under the NPRM.

Any class of property the income from which is taxed under the provisions of this article may be exempted from the imposition and levying of proportional and reasonable assessments, rates and taxes as at present authorized by the constitution.

Under the current provisions, any payment from an approved superannuation fund that is made to an employee in lieu of / in commutation of an annuity, after a specified age, on retirement, or on becoming incapacitated prior to such retirement - is exempted from tax.

Income received by miners for other activities, such as for the provision of services in connection with the verification of specific transactions for which specific charges are made, will be exempt from VAT under Article 135 (1)(d) of the EU VAT Directive as falling within the definition of «transactions, including negotiation, concerning deposit and current accounts, payments, transfers, debts, cheques and other negotiable instruments.»

(m) the power to make an order exempting a party to proceedings under this Act from compliance with a provision of the regulations or Rules of Court.

It shall be lawful for the Minister to issue to any half - caste, who, in his opinion, ought not to be subject to the provisions of this Act, a certificate, in writing under his hand, that such half - caste is exempt from the provisions of this Act and the Regulations, and from and after the issue of such certificate, such half - caste shall be so exempt accordingly.

Notaries are exempt from the need for licensing in relation to providing trading services as long as the services are provided in the course of and as part of the provision of services permitted under the Notaries Act.

2.11 A person who is providing trading services only by referring a party to a trade in real estate to a licensee, or by referring a licensee to a party, for the purpose of the licensee providing trading services, is exempt from the requirement to be licensed under Part 2 of the Act in relation to the person's provision of those referral services if

2.3 A person providing real estate services in respect of any of the following is exempt from the requirement to be licensed under Part 2 of the Act in relation to the provision of those services:

(b) exempted by subsection (3) or the regulations from the requirement to be licensed under this Part in relation to the provision of those real estate services.