Care and Maintenance Fund means the trust fund established by and under the administration of Council as required under the Act. It is a requirement under the FBCSA and O. Reg.30/11 and 184/12 that a prescribed amount or a percentage of the purchase price (excluding tax) of all interment and scattering rights sold, transferred, assigned or permitted; and prescribed amounts for monuments and markers, is contributed into the care and maintenance fund. If no scattering rights are sold but scattering is permitted a prescribed amount must be contributed to the fund when the scattering is conducted. Interest earned from this fund is used to provide care and maintenance of lots, markers and monuments at the cemetery.
Care and Maintenance Fund means the requirement under the FBCSA and O. Reg. 30/11 and 184/12 that a prescribed amount or a percentage of the purchase price (excluding tax) of all interment rights sold, transferred, assigned, or permitted; and prescribed amounts for monuments and markers is contributed into the care and maintenance fund.
Care and Maintenance Fund means the trust fund in which all moneys received for care and maintenance of lots and markers have been invested under the Act;
Examples of Care and Maintenance Fund in a sentence
A portion of the price of interment rights is trusted into the Care and Maintenance Fund.
A portion of the price of interment or scattering rights is trusted into the Care and Maintenance Fund.
The costs associated with long-term groundwater monitoring and potential reactive barrier replacement have been calculated and included in the Perpetual Care and Maintenance Fund.
Care and Maintenance Fund: It is a requirement under the FBCSA and O.
Upon receiving written notice from the purchaser of the interment rights, the cemetery operator will cancel the contract and issue a refund to the purchaser for the amount paid for the interment rights less the appropriate amount that is required to be deposited into the Care and Maintenance Fund.
More Definitions of Care and Maintenance Fund
Care and Maintenance Fund means a requirement under the FBCSA that a percentage of the purchase price of all Interment Rights and setamounts for marker and monument installations is contributed into the Careand Maintenance Fund. Interest earned from this fund is used to provide care and maintenance of plots, lots, markers and monuments at the Cemetery.
Care and Maintenance Fund means the trust fund in which a percentage of the purchase price of all Interment Rights and set amounts for marker and monument installations is contributed; and wherein the interest earned from such funds is used to provide care and maintenance of lots, plots, markers, monuments and structures in cemeteries;
Care and Maintenance Fund means a Care and Maintenance Fund established as a requirement under the Funeral Burial & Cremation Services Act, 2002 that a percentage of the purchase price of all interment rights and set amounts for marker and monument installation is contributed into.
Care and Maintenance Fund means a trust fund established for the care and maintenance of the cemetery.
Care and Maintenance Fund means the fund established by and under the administration of Council as required by the Act.
Care and Maintenance Fund means the percentage of the purchase price of all Interment Rights, and set amounts for marker and monument installations that is contributed into the Care and Maintenance Fund, in accordance with the Funeral, Burial and Cremation Services Act and shall include interest earned on this fund being used to provide care and maintenance of plots, lots, markers and monuments at the Cemetery.
Care and Maintenance Fund means the trust fund in which all moneys received by the Cemetery for the care and maintenance of Lots, Plots and Monuments have been invested;