Existing Exemption definition

Existing Exemption means an exemption from the Statute granted before the effective date of this regulation.
Existing Exemption means an exemption granted by the Secretary of State pursuant to section 23 of the Prevention of Oil Pollution Act 1971, being an exemption which is in force on the day before the day on which these Regulations come into force;

Examples of Existing Exemption in a sentence

  • Paxos letter at 3 (responding to a request for comment in the Modification Application Notice regarding whether the Commission should include among the conditions for the U.S. Equities Clearing Agency Activities a volume limit similar to the volume limit under the Existing Exemption that applies to the U.S. Government Securities Clearing Agency Activities and stating that a fixed volume limit should not be added as a condition).

  • The conditions replace and supersede all conditions set forth in the Existing Exemption.

  • The Commission also notes that it has no basis to believe that EB has not operated within and otherwise performed in accordance with the terms and conditions of the Existing Exemption.

  • Section IV - Legal Decisions & Interpretations‌ Development of Existing Exemption and Overview of Common Law‌The legal framework for property taxation in Oregon begins at a very broad level.

  • Existing Exemption 4 PracticeOperates a Reasonable Balance forCompeting Interests 12CONCLUSION 15 TABLE OF AUTHORITIES‌ Cases Page(s)Chrysler Corp.

  • For the reasons discussed below, the Commission believes the Modification Application is consistent with the public interest, the protection of investors, and the purposes of Section 17A, and therefore grants EB’s request to modify the Existing Exemption, subject to the conditions and limitations described further below.II.

  • Euroclear Bank SA/NV; Notice of Filing of Application To Modify an Existing Exemption From Clearing Agency Registration, Exchange Act Release No. 34-78710 (Aug.

  • Existing Exemption Permits that have already been issued for businesses in the City of Troy can be transferred only upon the City Clerk’s approval of a smoker’s lounge license application for the prospective transferee.

  • Revisions to the Existing Exemption PolicyStaff recommends adding the following revisions to the existing Exemption Policy:• Include the OCFA Foundation to the list of exempted organizations.

  • In the circumstances, the presence of the Existing Exemption will not violate the Rome Convention.

Related to Existing Exemption

  • QPAM Exemption is defined in Section 6.2(d).

  • New Exemption means the exemption from real property taxation provided hereunder with respect to the Exemption Area.

  • INHAM Exemption is defined in Section 6.2(e).

  • Tax Exemption means any financial assistance granted to a project which is based upon all or a portion of the taxes which would otherwise be levied and assessed against a project but for the involvement of the Agency in such project.

  • Class Exemption A class exemption granted by the U.S. Department of Labor, which provides relief from certain of the prohibited transaction provisions of ERISA and the related excise tax provisions of the Code.

  • Section 162(m) Exemption means the exemption from the limitation on deductibility imposed by Section 162(m) of the Code that is set forth in Section 162(m)(4)(C) of the Code.

  • Prior Exemption means any exemption from real property taxation for the Exemption Area pursuant to the Private Housing Finance Law or the General Municipal Law that was in effect prior to the Effective Date.

  • certificate of exemption means any document evidencing that the entity is exempt from

  • Underwriter’s Exemption Prohibited Transaction Exemption 2002-41, 67 Fed. Reg. 54487 (2002), as amended (or any successor thereto), or any substantially similar administrative exemption granted by the U.S. Department of Labor.

  • Exemption means the exemption from real property taxation provided hereunder.

  • Tax-Exempt Organization means a "governmental unit," as such term is used in Sections 141 and 148 of the Code.

  • Tax Exemption Certificate means the Tax Exemption Certificate approved under the terms of this Resolution and to be executed by the Treasurer and delivered at the time of issuance and delivery of the Notes.

  • Tax-Exempt means with respect to interest on any obligations of a state or local government, including the Bonds, that such interest is excluded from gross income for federal income tax purposes; provided, however, that such interest may be includable as an item of tax preference or otherwise includable directly or indirectly for purposes of calculating other tax liabilities, including any alternative minimum tax or environmental tax, under the Code.

  • PURPA means the Public Utility Regulatory Policies Act of 1978, as amended.

  • Title 49 means Title 49 of the United States Code, which, among other things, recodified and replaced the U.S. Federal Aviation Act of 1958, and the rules and regulations promulgated pursuant thereto, and any subsequent legislation that amends, supplements or supersedes such provisions.

  • Exemption Area means the real property located in the Borough of Bronx, City and State of New York, identified as Block 5750, Lot 500 on the Tax Map of the City of New York.

  • Exemption Period means the period beginning on the first day of the property tax year after the property tax year in which an applicable portion of Economic Development Property is placed in service and ending on the Termination Date. In case there are Phases of the Project, the Exemption Period applies to each year’s investment made during the Investment Period.

  • Securities Financing Transactions Regulation means Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions and of reuse and amending Regulation (EU) No 648/2012;

  • Non-exempt sale means any sale or transfer of ownership other than the transfer of ownership between husband and wife; the transfer of ownership between former spouses ordered as a result of a judicial decree of divorce or judicial separation, but not including sales to third parties; the transfer of ownership between family members as a result of inheritance; the transfer of ownership through an executor’s deed to a class A beneficiary and the transfer of ownership by court order.

  • Authority Having Jurisdiction means a federal, state, local, or other regional department, or an individual such as a fire marshal, building official, electrical inspector, utility provider or other individual having statutory authority.

  • Similar Law As defined in Section 5.02(b).