Net Financial Benefit definition

Net Financial Benefit means the amount of earnings that Seasonal Workers are expected to have left, after tax and permitted deductions have been taken from their gross pay. Notice, Notify or Notification means notice in accordance with clause 31. Offer of Employment means the document which sets out the details of an offer of employment for a Seasonal Worker, in accordance with Item C of Schedule 1. Office of the Australian Information Commissioner means the independent statutory agency established under the Australian Information Commissioner Act 2010 (Cth) and includes any other entity that may, from time to time, perform the functions of the Office of the Australian Information Commissioner.
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Net Financial Benefit means an amount equal to the * financial benefit that is referable to the * capital gain (after any application by the trustee of losses, to the extent that the application is consistent with the application of capital losses against the capital gain in accordance with the method statement in subsection 102-5(1)).
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Net Financial Benefit means the amount of earnings that Seasonal Workers are expected to have left, after tax and permitted deductions have been taken from their gross pay. Notice, Notify, Notified or Notification means notice in accordance with clause 31. Offer of Employment means the document which sets out the details of an offer of employment for a Seasonal Worker, in accordance with Item C of Schedule 1. Office of the Australian Information Commissioner means the independent statutory agency established under the Australian Information Commissioner Act 2010 (Cth) and includes any other entity that may, from time to time, perform the functions of the Office of the Australian Information Commissioner. 'One-Way International Airfare' means the cost of the flight transporting a Restart Seasonal Worker from the relevant Participating Country to their Port of Arrival, or from their Port of Departure to the relevant Participating Country.
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Examples of Net Financial Benefit in a sentence

  • In the event that two or more pieces of IP are combined in a single project or venture, then an agreement defining the distribution of Cumulative Net Financial Benefit to the contributing parties must be concluded before the start of the commercialisation process.

  • Where more than one member of Staff contributes to the creation of IP, the Staff share of the Cumulative Net Financial Benefit will be equally divided between these Staff unless there is a signed written agreement to the contrary.

  • For the above purpose, Cumulative Net Financial Benefit is defined as all financial benefits in connection with a single project or venture in excess of the direct commercialisation costs incurred, including but not limited to costs of securing legal protection and third party intellectual property rights, the enforcement and commercial exploitation of the IP and financial commitments to investors.

  • Financial benefits accruing to a member of Staff under section 21 will be shared according to the following formula: Cumulative Net Financial Benefit per Project In the event that a member of Staff forms a company to exploit IP assigned to him/her by the University, the University will receive 20% of the equity allocated to him/her for the IP.

  • You must ensure that Seasonal Workers have sufficient income after paying tax and deductions to live on each week and, over the period of their stay in Australia, to derive a reasonable Net Financial Benefit.

  • Decision makers are encouraged to view this Net Financial Benefit to central government alongside these other costs and benefits when considering central government’s support for tourism.

  • While a number of the individual figures can be debated, the Net Financial Benefit figure provides a reasoned and robust estimate of the overall contribution of tourism to central government.

  • MethodsLocal government tourism yields were measured as the Net Financial Benefit to local government associated with tourism.

  • Table 4: Regional Financial Yields from Tourism in 2005: Christchurch and Rotorua The results showed that the Net Financial Benefit for Rotorua and Christchurch councils are minor when put in the context of these broader measures of economic activity and benefit generated by tourism in the regions.

  • In addition to this Net Financial Benefit from tourism, it is useful to consider the wider contribution of tourism to the economy, and how central government benefits from this activity.


More Definitions of Net Financial Benefit

Net Financial Benefit means anamount equal to the * financial benefit that is referable to the * franked distribution (after any application by the trustee of expenses that are directly relevant to the franked distribution).
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Net Financial Benefit means an amount equal to the financial benefit referable to the capital gain after the application of trust capital losses (consistent with the application of those losses for the purposes
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Net Financial Benefit means an amount equal to the financial benefit referable to the capital gain after the application of trust capital losses (consistent with the application of those losses for the purposes of the method statement in s 102-5 ITAA97) but before the application of the CGT discount.
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Related to Net Financial Benefit

  • Special benefit means, for purposes of a property-based district, a particular and distinct benefit over and above general benefits conferred on real property located in a district or to the public at large. Special benefit includes incidental or collateral effects that arise from the improvements, maintenance, or activities of property-based districts even if those incidental or collateral effects benefit property or persons not assessed. Special benefit excludes general enhancement of property value.

  • material benefit means a benefit which may not be financial but has a monetary value;

  • Net Benefit means the present value of the Covered Payments net of all federal, state, local, foreign income, employment and excise taxes.

  • past financial year means the financial year preceding the current year;

  • Actuarial equivalent means a benefit of equal value when

  • Cash Balance means, at any date of determination, the unencumbered and otherwise unrestricted cash and Cash Equivalents of the NCLC Group.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Retirement Benefit means the benefit set forth in Article 5.

  • Parent Balance Sheet shall have the meaning assigned to such term in Section 5.13 hereof.

  • Average Compensation means the average of your W-2 wages from the Company for the five (5) calendar years completed immediately prior to the calendar year in which the Change in Control is effected. Any W-2 wages for a partial year of employment will be annualized, in accordance with the frequency which such wages are paid during such partial year, before inclusion in Average Compensation.

  • Change in Control Benefits means the following benefits:

  • Company Balance Sheet has the meaning set forth in Section 3.04(e).