Prescribed debt definition

Prescribed debt means debt that becomes extinguished by prescription in terms of the Prescription Act 68 of 1969.
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Prescribed debt means debt that becomes extinguished by prescription in
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Prescribed debt means a debt to the Nisg̱ a’a Nation, a Nisg̱ a’a Village or a Nisg̱ a’a Urban Local Society that is prescribed for the purposes of section 15(2)(h.1);
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Examples of Prescribed debt in a sentence

  • Prescribed debt must be written off before clearance figures are supplied.

  • Prescribed debt is referred to the delegated authority to be written off, and old cases are referred to the State Attorney to recover outstanding arrear amounts, and inform management on a monthly basis of the status of the debtor account.

  • A Prescribed debt is a debt that has been extinguished by statutory law.

  • Prescribed debt: fees for the academic year are payable in advance A student previously registered as a student of the UFS, but who failed to pay outstanding fees, will not be allowed to register unless fees for the year are paid in advance.

  • Prescribed debt will be considered for write off on an annual basis.


More Definitions of Prescribed debt

Prescribed debt means any debt, liability or obligation other than a debt, liability or obligation referred to in section 6b or an insurance debt within the meaning of section 38b;
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Related to Prescribed debt

  • Prescribed Limit means ten per cent (10%) of the issued ordinary share capital of the Company as at the date of passing of this resolution unless the Company has effected a reduction of the share capital of the Company in accordance with the applicable provisions of the Companies Law, at any time during the Relevant Period, in which event the issued ordinary share capital of the Company shall be taken to be the amount of the issued ordinary share capital of the Company as altered (excluding any treasury share that may be held by the Company from time to time); and

  • Prescribed burning means the planned application of fire to vegetation on lands selected in advance of such application, where any of the purposes of the burning are specified in the definition of agricultural burning as set forth in Health and Safety Code Section 39011.

  • prescribed person , in relation to a trust, means a trust where the trustee of the trust:

  • prescribed form means, with regard to the filing of Annual Financial Information, Audited Financial Statements and notices of Listed Events with the MSRB at www.emma.msrb.org (or such other address or addresses as the MSRB may from time to time specify), such electronic format, accompanied by such identifying information, as shall have been prescribed by the MSRB and which shall be in effect on the date of filing of such information.

  • Total Funded Debt means all Funded Debt of the Borrower and its Consolidated Subsidiaries, on a consolidated basis, as determined in accordance with GAAP.