MOU and legislation. It is agreed by and between the parties that any provision of this MOU requiring legislative action to permit its implementation by amendment of law shall not become effective until such legislative action occurs.
MOU and legislation Sample Clauses
Related to MOU and legislation
Legislation Any reference in this Agreement to any legislation (whether primary legislation or regulations or other subsidiary legislation made pursuant to primary legislation) shall be construed as a reference to such legislation as the same may have been, or may from time to time be, amended or re-enacted.
Compliance with Legislation The amount transferred shall respect the rules for registered pension plans imposed by the Income Tax Act. Any reduction resulting from the application of such rules is dealt with according to the terms of the Exporting Plan. The Exporting Authority shall complete and send to the Importing Authority "Appendix C- Information Required For Tax Purposes". The provisions of this agreement apply to the extent that they do not contravene the provisions of the Pension Plans, the Nova Scotia Pension Benefits Act, the Income Tax Act, Canada or any other applicable legislation.
