FAIR Act definition

FAIR Act means that certain Fairness in Asbestos Injury Resolution Act of 2006 (formerly denominated as S. 852), which was voted out of the Senate Judiciary Committee on May 26, 2005 and was the subject of a failed procedural vote on the Senate floor on February 14, 2006, as such may be amended during the 109th Congress.
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FAIR Act means, collectively, The Fairness in Asbestos Injury Resolution Act of 2005 or any substantially similar legislation creating a national trust or similar fund.
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FAIR Act means that certain Fairness in Asbestos Injury Resolution Act, denominated as S. 852, which was voted out of the Senate Judiciary Committee on May 26, 2005, if and to the extent that such legislation (or legislation on substantially similar terms) is enacted into law.
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Examples of FAIR Act in a sentence

  • The Asbestos Personal Injury Permanent Channeling Injunction and the other injunctive and related provisions of the Plan, including, without limitation, Sections 3.3, 3.4, 5.16 and 5.17 of the Plan, shall remain in full force and effect to the fullest extent possible under applicable law whether or not the FAIR Act is ever enacted.

  • Verkuil, supra note 15, at 440 (noting that the procedural protections of the FAIR Act and OMB Circular A-76 are directed at the competitive sourcing process, not the classification of functions as inherently governmental or commercial).

  • FAIR Act OMB Circular A-76 control, or disbursement of appropriated and other Federal funds.

  • Sometimes, specific functions are defined as inherently governmental without reference to the FAIR Act or the employees performing the functions at the time of the statute’s enactment.

  • It does, however, mean that congressional involvement with FAIR Act inventories is ad hoc, not systemic, which could limit Congress’s ability to provide effective oversight of contracting out under the FAIR Act.

  • The definition in OMB Circular A- 76 is itself brief, like the definition in the FAIR Act.

  • The FAIR Act was intended to encourage agencies to at least consider outsourcing their commercial functions under the policies and processes of OMB Circular A-76.

  • In such event, any distributions to holders of Claims and Interests (if any) shall be determined based upon the then distributable value of OCD (net of the required FAIR Act payment described in clause (i) of the preceding sentence), and shall take into consideration the treatment of and the distributions to the remaining holders of Claims and Interests as set forth in Sections 3.1 through 3.23 hereof (net of the required FAIR Act payment described in clause (i) of the preceding sentence).

  • The FAIR Act defines an activity as inherently governmental when it is so intimately related to the public interest as to mandate performance by Federal employees.

  • In the US, decoupled payments were introduced in 1996 under the Federal Agriculture Improvement and Reform (FAIR) Act.


More Definitions of FAIR Act

FAIR Act means, collectively, The Fairness in Asbestos Injury Resolution Act of 2005 or any other legislation creating a national trust or similar fund to resolve asbestos-related liabilities.
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Related to FAIR Act

  • Air Act, as used in this clause, means the Clean Air Act (42 U.S.C. 7401 et seq.).

  • PBR Act means the Plant Breeder’s Rights Xxx 0000 (Cth) as amended from time to time.

  • Clean Air Act or “Act” means the federal Clean Air Act, 42 U.S.C. §§ 7401-7671q, and its implementing regulations.

  • FW Act means the Fair Work Act 2009, as amended from time to time.

  • The "Clean Air Act means those provisions contained in 42 U.S.C. §§ 7401 to 7671q, and regulations promulgated thereunder.

  • Water Act, as used in this clause, means Clean Water Act (33 U.S.C. 1251 et seq.).

  • Corrupt and Fraudulent Practices means either one or any combination of the practices given below;

  • FOI Act means the Freedom of Information Act 2000 and any subordinate legislation made under that Act or any code issued pursuant to sections 45 or 46 of that Act or any guidance issued by the Information Commissioner;

  • Fair Credit Reporting Act The Fair Credit Reporting Act of 1970, as amended.

  • corrupt and fraudulent practice means the offering, giving, receiving, or soliciting, of anything of value to influence the action of a public official or the contractor in the procurement process or in contract execution to the detriment of the procuring agency; or misrepresentation of facts in order to influence a procurement process or the execution of a contract, collusive practices among applicants/bidders (prior to or after bid submission) designed to establish bid prices at artificial, non-competitive levels and to deprive the procuring agency of the benefits of free and open competition and any request for, or solicitation of anything of value by any public official in the course of the exercise of his duty;

  • former Act means the Companies Act or the International Business Companies Act;

  • fraudulent practices which means any act or omission, including a misrepresentation, that knowingly or recklessly misleads, or attempts to mislead, a party to obtain a financial or other benefit or to avoid an obligation; and

  • Rail Safety Act means the Rail Safety Act 1998 (WA);

  • Clean air standards, as used in this clause means:

  • Foreign Corrupt Practices Act means the Foreign Corrupt Practices Act of the United States, 15 U.S.C. Sections 78a, 78m, 78dd-1, 78dd-2, 78dd-3, and 78ff, as amended, if applicable, or any similar law of the jurisdiction where the Property is located or where the Company or any of its Subsidiaries transacts business or any other jurisdiction, if applicable.

  • Charter Act The Federal National Mortgage Association Charter Act (12 U.S.C. § 1716

  • Fair Housing Act means the Fair Housing Act, as amended.

  • Data Protection Act means Act CXII of 2011 on Informational Self-Determination and Freedom of Information.

  • Consumer Protection Act means the Consumer Protection Act, No. 68 of 2008 (as amended from time to time).

  • Safe Drinking Water Act means Tit. XIV of the federal Public Health Service Act, commonly known as the “Safe Drinking Water Act”, 42 U.S.C. §300f et seq., as amended by the Safe Drinking Water Amendments of 1996, Pub. L. No. 104-182, as amended.

  • Equal Credit Opportunity Act means the Equal Credit Opportunity Act, as amended.

  • FAIS Act means the Financial Advisory and Intermediary Services Act, 2002 (Act No. 37 of 2002);

  • Society Act means the Society Act of the Province of British Columbia from time to time in force and all amendments to it;

  • Fair Labor Standards Act means the Fair Labor Standards Act, 29 U.S.C. §201 et seq.

  • fraudulent practice means a misrepresentation of facts in order to influence a procurement process or the execution of a contract to the detriment of the Procuring Entity, and includes collusive practices among Bidders (prior to or after bid submission) designed to establish bid prices at artificial, non-competitive levels and to deprive the Procuring Entity of the benefits of free and open competition.

  • fradulent practice means a misrepresentation or omission of facts in order to influence a procurement process or the execution of contract;