Unauthorised Payment definition

Unauthorised Payment means a payment which has been made without your permission and/or which may be considered as fraudulent.

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Unauthorised Payment means a challenge from a buyer claiming that he or she did not make the payment, and that the person who made the payment was not authorised.

Unauthorised Payment means a payment that has not been authorised by you in accordance with these General Terms.

Examples of Unauthorised Payment in a sentence

Additional Costs means (a) any costs or charges incurred by GoCardless in respect of any Unauthorised Payment Orders or Incorrectly Executed Payment Orders; and (b) any costs or fees incurred by GoCardless in relation to the cancellation or failure of any Payment Orders, in each case other than as a result of fault or failure of GoCardless.
In such case, the Merchant will be liable to GoCardless for any and all Losses suffered or incurred by GoCardless as a result of any such Unauthorised Payment Order or Incorrectly Executed Payment Order.
In each case, it would not be the responsibility of the Merchant to notify GoCardless of the Unauthorised Payment Order or Incorrectly Executed Payment Order, and any such notification would ordinarily be made by the Customer to their bank.
The Merchant has no liability with respect to any Unauthorised Payment Order or Incorrectly Executed Payment Order unless: (i) GoCardless can show there has been fraud on the part of the Merchant which has given rise to the Unauthorised Payment Order; or (ii) the Merchant has, with intent or negligence, failed to comply with any obligation under this Agreement which has, in turn, caused the Unauthorised Payment Order or Incorrectly Executed Payment Order to occur.
Provided that you have notified us in accordance with clause 50 and subject to clause 53, GoCardless will repay the amount of any sums paid out pursuant to an Unauthorised Payment Order and any related interest and charges but will have no further liability to you.

More Definitions of Unauthorised Payment

Unauthorised Payment means an unauthorised payment (as deﬁned in Section 160(5) of the Finance Act), which attracts tax charges.

Unauthorised Payment means the same as provided for in the Finance Act 2004.

Unauthorised Payment means a Payment transaction made from the Client´s Payment Account that was not authorised by the Payer.

Unauthorised Payment means a situation where a demand has been made on the Account, which is in excess of the balance in the Facility Account.

Unauthorised Payment means an unauthorised payment as defined in section 160(5) of the Act.

Unauthorised Payment. A payment made in respect of a Member or the Viewpoint SIPP that is deemed to be unauthorised under the HMRC Pensions Regulations and which will normally result in a tax charge and/or penalty being payable in respect of it. APPENDIX 1: Permitted Investments These guidelines are based on the Administrator’s understanding of present law and current HMRC practice. The list of investments may vary from time to time and may not include all investments that HMRC Pension Regulations allow. The Administrator will not assess the advisability, suitability or appropriateness of any proposed investment. The Administrator has the right to decline to accept any investment instruction. We will normally permit all investments available on the Viewpoint Portfolio Platform including:

Unauthorised Payment means an unauthorised payment (as defined in Section 160(5) of the Finance Act) which attracts tax charges. UFPLS mean Uncrystallised Fund Pension Lump Sum which is a lump sum payment from a member’s pension fund and consists 25% of the benefit payment being paid as a tax-free lump sum and 75% being paid as income taxed at the member’s personal rate of income tax.