PTE definition

PTE is defined in Section 6.2(a).
PTE means a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time totime.

Examples of PTE in a sentence

  • This Disclosure Statement serves to satisfy the disclosure requirement of PTE 77- 9 and 84-24.

  • PTE 77-9 and 84-24, as issued by the Internal Revenue Service and the U.S. Department of Labor, permit the receipt of reasonable compensation by certain enumerated interested parties, including third party administrators and brokers, for services rendered in connection with the sale of insurance contracts if proper disclosure is made and the transaction is approved by the appropriate independent plan fiduciaries.

  • PTE 77-9 and 84-24 require that the transaction be at arms length and in the best interests of the plan participants.

  • Signed for and on behalf of: EAGLE SERVICES ASIA PTE LTD SINGAPORE AIRLINES STAFF UNION XXX XXXX XXXXX Managing Director MD XXXXXXXXXX XXX ONN General Secretary In the presence of: XXXXXXXXX XXX Associate Director, Human Resources M.

  • ERISA Prohibited Transaction Class Exemption 77-9 and 84-24 (PTE 77-9 and 84-24) Disclosure Statement SCHEDULE OF FEES I.


More Definitions of PTE

PTE shall have the meaning specified in paragraph 9B(i) hereof.
PTE means a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended fromtime to time.