Common use of PROMOTING TAX COMPLIANCE Clause in Contracts

PROMOTING TAX COMPLIANCE. This Clause 21 shall apply if the Charges payable under this Framework Agreement are or are likely to exceed five (5) million pounds during the Framework Period. If, at any point during the Framework Period, an Occasion of Tax Non-Compliance occurs, the Supplier shall: notify the Authority in writing of such fact within five (5) Working Days of its occurrence; and promptly provide to the Authority: details of the steps that the Supplier is taking to address the Occasion of Tax Non-Compliance, together with any mitigating factors that it considers relevant; and such other information in relation to the Occasion of Tax Non-Compliance as the Authority may reasonably require. In the event that the Supplier fails to comply with this Clause 21 and/or does not provide details of proposed mitigating factors which in the reasonable opinion of the Authority are acceptable, then the Authority reserves the right to terminate this Framework Agreement for material Default.

PROMOTING TAX COMPLIANCE. This Clause 21 shall apply if the Charges payable under this Framework Agreement are or are likely to exceed five (5) million pounds during the Framework Period. If, at any point during the Framework Period, an Occasion of Tax Non-Compliance occurs, the Supplier shall: notify the Authority in writing of such fact within five (5) Working Days of its occurrence; and promptly provide to the Authority: details of the steps that the Supplier is taking to address the Occasion of Tax Non-Compliance, together with any mitigating factors that it considers relevant; and such other information in relation to the Occasion of Tax Non-Compliance as the Authority may reasonably require. In the event that the Supplier fails to comply with this Clause 21 54 and/or does not provide details of proposed mitigating factors which in the reasonable opinion of the Authority are acceptable, then the Authority reserves the right to terminate this Framework Agreement for material Default.

PROMOTING TAX COMPLIANCE. This Clause 21 19 shall apply if the Charges payable under this Framework Agreement are or are likely to exceed five (5) million pounds during the Framework Period. If, at any point during the Framework Period, an Occasion of Tax Non-Compliance occurs, the Supplier shall: notify the Authority in writing of such fact within five (5) Working Days of its occurrence; and promptly provide to the Authority: details of the steps that the Supplier is taking to address the Occasion of Tax Non-Compliance, together with any mitigating factors that it considers relevant; and such other information in relation to the Occasion of Tax Non-Compliance as the Authority may reasonably require. In the event that the Supplier fails to comply with this Clause 21 and/or 19 and does not provide details of proposed mitigating factors which in the reasonable opinion of the Authority are acceptable, then the Authority reserves the right to terminate this Framework Agreement for material Default.