Outstanding Arrears definition

Outstanding Arrears means an unpaid, overdue debt or unfulfilled financial obligation, owed to Binche Keyoh Bu Society, Binche Keyoh Development Corp., Binche Whut’en or any other corporations, partnerships, including limited partnerships, societies, and other entities which are owned or controlled by Binche Whut’en, either directly or through ownership or control by the Membership, or in which Binche Whut’en has a significant financial interest in, in which the individual has NOT entered into a repayment arrangement with the Binche Whut’en (to be confirmed by the Senior Administrator).”
Outstanding Arrears means the amount of any duty, surcharge, fine or penalty which is adjudged or demanded through an adjudication order passed by the competent authority or the amount referred to in the notice under sub-section (2) of section 202 which is recoverable in full or in part and is not paid within the time prescribed;