Act 195 Clause Samples

The 'Act 195' clause typically refers to a provision that incorporates or references Section 195 of a relevant statute, often relating to the withholding of tax on payments made to non-residents. In practice, this clause requires parties making certain payments, such as interest, royalties, or fees for technical services to foreign entities, to deduct and remit the appropriate tax to the government before completing the transaction. Its core function is to ensure compliance with tax laws by allocating the responsibility for tax withholding to the payer, thereby reducing the risk of tax evasion and ensuring proper collection of taxes on cross-border payments.
Act 195. As provided in Section 702 of Act 195, matters of inherent managerial policy reserved exclusively to the University "include but shall not be limited to such areas of discretion or policy as the functions and programs of [the University], its standards of services, overall budget, utilization of technology, the organizational structure, and selection and direction of personnel."
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Related to Act 195

  • Safety Act, Sec The employee rights set out above shall be interpreted within the context of the Ontario Human Rights Code. An employee who believes that they have been harassed, contrary to this provision shall be encouraged by both parties to follow the Employer’s policy on harassment and process. Failing resolution, an employee may follow the process set out in the Complaint, Grievance and Arbitration procedure in Article 8 of the Collective Agreement. The employee shall be encouraged by both parties to exhaust these processes prior to filing a complaint with the Ontario Human Rights Commission.

  • Contracts (Rights of Third Parties) Act 1999 27.1 No person who is not a party to this Agreement shall have any rights under the Contracts (Rights of Third Parties) Act 1999 to enforce any term of this Agreement but this does not affect any right or remedy of a third party which exists or is available apart from that Act.

  • Federal Funding Accountability and Transparency Act (FFATA Subrecipient shall comply with the requirements of 2 CFR part 25 Universal Identifier and System for Award Management (▇▇▇). Subrecipient must have an active registration in ▇▇▇, ▇▇▇▇▇://▇▇▇.▇▇▇.gov/▇▇▇/ in accordance with 2 CFR part 25, appendix A, and must have a Data Universal Numbering System (DUNS) number ▇▇▇▇▇://▇▇▇▇▇▇.▇▇▇.▇▇▇/webform/ Subrecipient must also comply with provisions of the Federal Funding Accountability and Transparency Act, which includes requirements on executive compensation, 2 CFR part 170 Reporting Subaward and Executive Compensation Information.

  • Employee Called as a Witness Upon reasonable notification, the Employer will grant leave with pay to a witness called by an employee who is a party to the grievance.

  • Failure to Act Within Time Limits If the Griever or the Union fails to process a grievance to the next step in the grievance procedure within the time limits specified, they shall not be deemed to have prejudiced their position on any future grievance.