Facilitation Payments definition
Facilitation Payments means payments to a Government Official to facilitate or expedite performance of a routine governmental action which is an action which is commonly performed by such Government Official.
Facilitation Payments means a payment made to expedite or secure the performance by a Public Official of any act of a routine nature that is part of the Public Official’s duties or functions, including:
Facilitation Payments shall include infrequent payments made to a Public Official to facilitate routine, nondiscretionary governmental actions that: (i) the Public Official ordinarily performs; and (ii) Supplier is entitled to under the laws of the relevant country.
Examples of Facilitation Payments in a sentence
Facilitation Payments: Are payments made to governmental officers in order to secure or accelerate legal and routine proceedings for a personal gain or for the benefit of the Company.
Facilitation Payments: shall include infrequent payments made to a Public Official to facilitate routine, nondiscretionary governmental actions that: (i) the Public Official ordinarily performs; and (ii) Supplier is entitled to under the laws of the relevant country.
Facilitation Payments Facilitation payments are typically small, unofficial payments made to secure or expedite a routine government action by a government official even if such official is otherwise obligated to perform such action.
Examples of Facilitation Payments include payments to expedite the processing of licenses, permits or visas for which all paperwork is in order.
More Definitions of Facilitation Payments
Facilitation Payments means payments made to secure or expedite the performance by a person performing a routine or administrative duty or function which is commonly performed by the Public Official.
Facilitation Payments means a form of Bribery in which payments of “anything of value” are made with the purpose of expediting or facilitating the performance by a Public Official or a person with a certifying function of a routine governmental action to obtain or retain business or any other undue advantage. Facilitation payments are typically demanded by low level and low income Public Officials in exchange for providing services to which one is legally entitled without such payments.
Facilitation Payments meanssmall, unofficialpayments made to expedite or secure routine government action. Examples include payments to: (a) secure processing of licences, visas, permits or papers such as work orders; and (b) induce minor government functionaries (government employees without discretionary authority
Facilitation Payments means typically small, unofficial payments (sometimes known as “grease payments”) made to secure or expedite a routine government action by a government official.
Facilitation Payments means payments made to secure or expedite the performance by a person performing a routine or administrative duty or function.
Facilitation Payments means payments made to secure or expedite the performanceby a Person performing a routine or administrative duty or function; “GIA” means the Group Internal Audit of WTCH; “GEH Register” means the online Gratification(s), Entertainment andHospitality register as described in Clause 12.3.2; “GoverningCommittees” means the governing committees set up to assist in theimplementation of this Policy; “Gratification(s)” means:(a) money, donation, gift, loan, fee, reward, valuable security, property or interest in property being property of any description whether movable or immovable, financial benefit, or any other similar advantage;(b) any office, dignity, employment, contract of employment or services, and agreement to give employment or render services in any capacity;(c) any payment, release, discharge or liquidation of any loan, obligation or other liability, whether in whole or in part;(d) any valuable consideration of any kind, any discount, commission, rebate, bonus, deduction or percentage;(e) any forbearance to demand any money or money’s worth or valuable thing;(f) any other service or favour of any description, including protection from any penalty or disability incurred or apprehended or from any action or proceedings of a disciplinary, civil or criminal nature, whether or not already instituted, and including the exercise or the forbearance from the exercise of any right or any official power or duty; andany offer, undertaking or promise, whether conditional or unconditional, of any gratification within the meaning of any of the preceding paragraphs (a) to (f); “Group IntegrityOffice” means a dedicated department established by the GroupIntegrity Officer to carry out his or her duties under this Policy; “Group IntegrityOfficer” means the Personnel described in Clause 9A.1 and shallinclude his or her alternate unless expressed otherwise; “Group Legal” means the Group Legal Department of WTCH; “Group RiskManagement” means the Group Risk Management Department of WTCH; “GroupSecretarial” means the Group Secretarial Department of WTCH; “Head of GroupLegal” means Head of Group Legal of WTCH;
Facilitation Payments means payments made or goods provided to perform or expedite a routine duty and / or speed up the performance of any formal standard procedures irrespective of size or frequency.