Remove brakes on investment Sample Clauses

Remove brakes on investment. Reducing bureaucracy A liberal state should not patronise its citizens and businesses, rather, it should respect their space to manage their own affairs. Regulations should only be made where they are needed for protecting the vulnerable members of society and to maintain important community assets and ensure this occurs within an orderly framework. Regulations are not an end in themselves and there should not be more of them than necessary. Essential regulations should be lean and reliable. Administrative procedures and legal proceedings should be expeditious. Reduced bureaucracy and improved lawmaking are like a growth programme at no charge. As a result of the economic crisis we seek to tap into this potential now more than ever. All departments will therefore continue to reduce bureaucratic burdens of their accord and avoid creating new ones. The costs arising from statutory reporting requirements placed on business have been measured. In order to curb the costs of bureaucracy even further, we shall _ examine statutory reporting requirements, including for citizens and _ examine the obligations to act imposed upon businesses, citizens and administration before legislation is proposed. To this end we shall equip the regulatory control council (NKR) with more powers. We are currently examining how the current NKR mandate can be extended to include compliance with the methodological implementation of the stipulated requirements when adopting new regulations. We must increase the possibility of setting time limits on laws, ordinances and administrative regulations. The NKR will be explicitly asked to examine the possibilities of time limitations in each of its opinions. We specifically want to transfer the duties of carrying out a plausibility check on so-called miscellaneous bureaucracy costs to the NKR. Prior to communication of the Federal Government’s proposal for the renewed appointment of the NKR we shall examine the size and structure of this body in light of its enhanced mandate. We fully back current commitments to reduce the costs borne by business as a result of federal reporting guidelines by a net amount of 25 per cent by 2011 (over 2006 levels). To this end, the federal ministries must present binding implementation plans by 1 July 2010. The Federal Government will define another ambitious reduction target for the total measured compliance costs for the period after 2011. As a first step, we will immediately point out existing opportunities t...
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Related to Remove brakes on investment

  • Commingling, Exchange and Investment of the Contributions 2.1. The Contributions shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the Bank. The Contributions may be commingled with other trust fund assets maintained by the Bank.

  • Limitation on Investments Make any advance, loan, extension of credit (by way of guaranty or otherwise) or capital contribution to, or purchase any Capital Stock, bonds, notes, debentures or other debt securities of, or any assets constituting an ongoing business from, or make any other investment in, any other Person (all of the foregoing, “Investments”), except:

  • Restrictions on Investments The Borrower will not, and will not permit any of its Subsidiaries to, make or permit to exist or to remain outstanding any Investment except Investments in:

  • Replacement of Lost Investments In the event of a loss of Investments for which the Custodian is responsible under the terms of this Agreement, the Custodian shall replace such Investment, or in the event that such replacement cannot be effected, the Custodian shall pay to the Fund the fair market value of such Investment based on the last available price as of the close of business in the relevant market on the date that a claim was first made to the Custodian with respect to such loss, or, if less, such other amount as shall be agreed by the parties as the date for settlement.

  • Commingling and Investment The Trustee is expressly authorized in its discretion:

  • Limitations on Investments The Company will not, and will not permit any of its Subsidiaries to, make any Investment other than (i) a Permitted Investment or (ii) an Investment that is made as a Restricted Payment in compliance with Section 4.7 hereof.

  • Distributions; Investments (a) Pay any dividends or make any distribution or payment or redeem, retire or purchase any capital stock other than Permitted Distributions; or (b) directly or indirectly acquire or own any Person, or make any Investment in any Person, other than Permitted Investments, or permit any of its Subsidiaries to do so.

  • Acceptable Investment The Company has no knowledge of any circumstances or conditions with respect to the Mortgage Loan, the Mortgaged Property, the Mortgagor or the Mortgagor's credit standing that can reasonably be expected to cause private institutional investors to regard the Mortgage Loan as an unacceptable investment, cause the Mortgage Loan to become delinquent, or adversely affect the value or marketability of the Mortgage Loan;

  • TRANSACTIONS WITH OTHER INVESTMENT ADVISERS The Advisor is not an affiliated person of any investment adviser responsible for providing advice with respect to any other series of the Trust, or of any promoter, underwriter, officer, director, member of an advisory board or employee of any other series of the Trust. The Advisor shall not consult with the investment adviser of any other series of the Trust concerning transactions for the Fund or any other series of the Trust.

  • Acquisitions and Investments The Borrower will not, nor will it permit any Subsidiary to, make or suffer to exist any Investments (including without limitation, loans and advances to, and other Investments in, Subsidiaries), or commitments therefor, or become or remain a partner in any partnership or joint venture, or to make any Acquisition of any Person, except:

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