Common use of Construction Industry Scheme Clause in Contracts

Construction Industry Scheme. 22.1 The Parties understand and agree that the Funding by Homes England under this Agreement is not subject to the provisions of the CIS because it is not a contract payment under a construction contract (as those terms are defined for the purposes of the CIS). 22.2 If, notwithstanding the agreement and understanding of the Parties as set out in clause 22.1 above, it is determined that the Funding (or any part of it) is subject to the provisions of the CIS, then all Parties shall take all such steps as required by law to ensure that the CIS is, if necessary, applied to the Funding. 22.3 Homes England shall be entitled to make such Statutory Deductions from any payment of Funding as it is required to make in accordance with the CIS, at such rate as may be in force from time to time.

Appears in 2 contracts

Samples: Grant Funding Agreement, Grant Funding Agreement

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Construction Industry Scheme. 22.1 The Parties understand and agree that the Funding by Homes England under this Agreement is not subject to the provisions of the CIS because it is not a contract payment under a construction contract (as those terms are defined for the purposes of the CIS). 22.2 IfIf , notwithstanding the agreement and understanding of the Parties as set out in clause 22.1 above, it is determined that the Funding (or any part of it) is subject to the provisions of the CIS, then all Parties shall take all such steps as required by law to ensure that the CIS is, if necessary, applied to the Funding. 22.3 Homes England shall be entitled to make such Statutory Deductions from any payment of Funding as it is required to make in accordance with the CIS, at such rate as may be in force from f rom time to time.

Appears in 1 contract

Samples: Grant Funding Agreement

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Construction Industry Scheme. 22.1 The Parties understand and agree that the Funding by DLUHC or Homes England under this Agreement is not subject to the provisions of the CIS because it is not a contract payment under a construction contract (as those terms are defined for the purposes of the CIS). 22.2 . If, notwithstanding the agreement and understanding of the Parties as set out in clause Clause 22.1 above, it is determined that the Funding (or any part of it) is subject to the provisions of the CIS, then all Parties shall take all such steps as required by law to ensure that the CIS is, if necessary, applied to the Funding. 22.3 . Homes England shall be entitled to make such Statutory Deductions from any payment of Funding as it is required to make in accordance with the CIS, at such rate as may be in force from time to time.

Appears in 1 contract

Samples: Grant Funding Agreement

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