Direct and predictable effect definition

Direct and predictable effect means there is:
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Direct and predictable effect means a close causal link between official participation in a "particular matter" and any expected effect of the matter on the employee's financial interests. The effect need not be immediate, but the chain of causation must be direct, not attenuated or contingent upon the occurrence of events that are speculative, or independent of, and unrelated to, the matter.
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Direct and predictable effect means a real possibility that the financial interest will be affected, either for a gain or loss. There must be a close causal link between any decision or action to be taken in the matter and any expected effect on the financial interest. (5 C.F.R. § 2635.402(b)(1))
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More Definitions of Direct and predictable effect

Direct and predictable effect means a close causal link between any decision or action to be taken in the matter and any expected effect of the matter on the financial interest. A particular matter will have a predictable effect if there is a real, as opposed to a speculative, possibility that the matter will affect the financial interest. It is not necessary, however, that the magnitude of the gain or loss be known, and the dollar amount of the gain or loss is immaterial.
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Related to Direct and predictable effect

  • Environmental covenant means a servitude arising under an environmental response project that imposes activity and use limitations.

  • Material Change in Formula means the occurrence since the Launch Date of a material change in the formula for, or the method of, calculating the Reference Price.

  • Adverse system impact means a negative effect that compromises the safety or reliability of the electric distribution system or materially affects the quality of electric service provided by the electric distribution company (EDC) to other customers.

  • Previously Absent Financial Maintenance Covenant means, at any time, any financial maintenance covenant that is not included in the Loan Documents at such time.

  • Business with which he is associated means any business of which a public servant or his relative is an officer, director, owner, partner, employee or is a holder of more than ten percent (10%) of the fair market value or from which he or his relative derives more than Two Thousand Five Hundred Dollars ($2,500.00) in annual income or over which such public servant or his relative exercises control.