Fair Deal definition

Fair Deal means the guidance issued by HM Treasury in October 2013 or any subsequent guidance on fair deal for staff pensions for staff transferring from the public sector under the control of Central Government
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Fair Deal means the Cabinet Office Statement entitled “A Fair Deal for Pensions: staff transfer from central government” (October 2013 and as may be further amended from time to time) and, where applicable, any related guidance notes issued by HM Treasury (as amended from time to time);
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Fair Deal means: (1) “Staff transfers from central government: a fair deal for staff pensions”, Guidance to Departments and Agencies, HM Treasury, 1999 (re-published in 2000 as an appendix to the Cabinet Office Statement of Practice entitled “Staff Transfers in the Public Sector”); and  (2) “Fair Deal for staff pensions: procurement of bulk transfer agreements and related issues”, Guidance Note by HM Treasury, 2004;
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Examples of Fair Deal in a sentence

  • The Parties acknowledge that the Civil Service Compensation Scheme and the Civil Service Injury Benefit Scheme (established pursuant to section 1 of the Superannuation Act 1972) are not covered by the protection of New Fair Deal.

  • The Supplier shall procure that the Fair Deal Employees, shall be either admitted into, or offered continued membership of, the relevant section of the Schemes that they currently contribute to, or were eligible to join immediately prior to the Relevant Transfer Date and the Supplier shall procure that the Fair Deal Employees continue to accrue benefits in accordance with the provisions governing the relevant section of Schemes for service from (and including) the Relevant Transfer Date.

  • If the Supplier is rejoining the Schemes for the first time, the Supplier shall procure that the Fair Deal Employees shall be either admitted to or offered continued membership of the relevant section of the Schemes that they became eligible to join on the Relevant Transfer Date and shall continue to accrue or accrue benefits in accordance with the provisions governing the relevant section of the Schemes for service from (and including) the Relevant Transfer Date.

  • New Fair Deal The revised Fair Deal position in the HM Treasury guidance: “Fair Deal for staff pensions: staff transfer from central government” issued in October 2013 as amended.

  • The Supplier agrees that if the Employment Regulations apply to this Call-Off Contract on the Start Date then it must comply with its obligations under the Employment Regulations and (if applicable) New Fair Deal (including entering into an Admission Agreement) and will indemnify the Buyer or any Former Supplier for any loss arising from any failure to comply.

  • The Supplier undertakes to the Customer to indemnify and keep indemnified the Customer on demand from and against all and any Losses whatsoever arising out of or in connection with any liability towards the Fair Deal Employees arising in respect of service on or after the Relevant Transfer Date which relate to the payment of benefits under an occupational pension scheme (within the meaning provided for in section 1 of the Pension Schemes Act 1993) or the Schemes.

  • The Supplier undertakes to the Customer to indemnify and keep indemnified the Customer on demand from and against all and any Losses whatsoever arising out of or in connection with any liability towards the Fair Deal Employees arising in respect of service on or after the Relevant Transfer Date which relate to the payment of benefits under and/or participation in an occupational pension scheme (within the meaning provided for in section 1 of the Pension Schemes Act 1993) or the Schemes.

  • The Parties agree that where a Successor or the Authority provides the Services or services which are fundamentally the same as the Services in the immediate or subsequent succession to the Supplier or Sub-contractor (in whole or in part) on expiry or early termination of this Contract (howsoever arising) TUPE, the Cabinet Office Statement and Fair Deal for Staff Pensions may apply in respect of the subsequent provision of the Services or services which are fundamentally the same as the Services.

  • Employers considering outsourcing any services should have regard to and adhere to the requirements of the Fair Deal Policy/Best Value direction.

  • B12.10The Contractor shall, from the date of any Relevant Transfer during the Contract Period (including from the Commencement Date, where there is a Relevant Transfer on that date), comply and ensure that each Sub- contractor complies with the revised Fair Deal position set out in HM Treasury’s Guidance “Fair Deal for staff pensions: staff transfer from Central government” issued in October 2013 (“the New Fair Deal”) and any related governmental guidance or codes of practice.


More Definitions of Fair Deal

Fair Deal the HM Treasury Statement of Practice on Staff Transfers – A Fair Deal for Staff Pensions, as revised from time to time. "The Code of Practice" – the Code of Practice on Workforce Matters In Public Sector Service Contracts, as amended from time to time. Key Principles The Partners agree and accept that the Regulations recognise that there will be far fewer genuinely exceptional circumstances where the Regulations do not apply following the introduction of the 2006 Regulations. Accordingly, the Partners will work on the premise that the Regulations apply to transfers of staff between the partners, between the partners and the private sector and voluntary organisations, and between the partners and different parts of the public sector, and that the Regulations will only not apply where there are genuinely exceptional reasons for them not to do so. The Partners further agree and accept that the Regulations apply by operation of law, and that therefore any agreement reached between the partners, or between either or both of the partners and any third party which effectively attempts to obviate the effects of the Regulations will be void insofar as it contradicts either the Regulations or the key principles herein. In those circumstances where the Regulations do not apply in strict legal terms, the Partners agree that any affected staff will be subject to the principles of the Regulations, and the staff involved shall be treated no less favourably than if the Regulations had applied. The Partners agree to work in accordance with, and subject to the principles of the Cabinet Office Statement, Fair Deal, and the Code of Practice insofar as those apply to each Partner. It is not the intention of the key principles herein to bind any Partner to those Codes or guidances which do not apply to them. The Partners agree that the key principles will apply both to any initial and any subsequent transfers of staff, including any second generation transfers and transfers back of staff back to either or both of the Partners. Consideration of TUPE and potential TUPE situations The Partners recognise and agree that it is essential to have at an early stage a detailed consideration of potential transfers and the likely impact on staff. This means that there would be proper information sharing between the Partners to enable each partner to be fully apprised of any such potential changes, and to enable the Partners to comment fully and be involved where appropriate in any of the ...
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Fair Deal means the Guidance Note by Her Majesty’s Treasury entitled “Fair Deal for Staff Pensions: Procurement of Bulk Transfer Agreements and Related Issues (June 2004) and any subsequent amendments, revisions or later versions; the version in force as of the Commencement Date is available at http://www.hm-treasury.gov.uk/d/pensions_bta_guidance_290604.pdf
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Related to Fair Deal

  • Reasonable Care means the use of reasonable custodial practices under the applicable circumstances as measured by the custodial practices then prevailing in Russia of International Financial Institutions acting as custodians for their institutional investor clients in Russia.

  • Restricted Broker-Dealer Any Broker-Dealer which holds Broker-Dealer Transfer Restricted Securities.

  • fair and reasonable conditions means appropriate conditions, including possible financial terms or royalty-free conditions, taking into account the specific circumstances of the request for access, for example the actual or potential value of the results or background to which access is requested and/or the scope, duration or other characteristics of the exploitation envisaged;

  • Fair Credit Reporting Act The Fair Credit Reporting Act of 1970, as amended.

  • Broker-Dealer Agreement means this Agreement and any substantially similar agreement between the Auction Agent and a Broker-Dealer.

  • Broker-Dealer Subsidiary means any Subsidiary that is registered as a broker-dealer under the Exchange Act or any other applicable law requiring similar registration.

  • Broker-Dealer means any broker or dealer registered with the Commission under the Exchange Act.

  • Nonpublic Personal Information means nonpublic personal financial information and nonpublic personal health information.

  • Participating Broker-Dealer shall have the meaning set forth in Section 3(t) hereof.

  • inter-dealer bond broker means a person or company that is approved by the Investment Industry Regulatory Organization of Canada under its Rule No. 36 Inter-Dealer Bond Brokerage Systems, as amended, and is subject to its Rule No. 36 and its Rule 2100 Inter-Dealer Bond Brokerage Systems, as amended from time to time;

  • Non-Public Personal Information about a Shareholder shall mean (i) personally identifiable financial information; (ii) any list, description, or other grouping of consumers that is derived from using any personally identifiable information that is not publicly available; and (iii) any other information that the Transfer Agent is prohibited from using or disclosing pursuant to Regulation S-P under Section 504 of the Gramm Xxxxx Xxxxxx Act.

  • Participating Broker-Dealers shall have the meaning set forth in Section 4(a) hereof.

  • Unfair trade practices means supply of services different from what is ordered on, or change in the Scope of Work;

  • Professional person means a mental health professional,

  • collusive practices means a scheme or arrangement between two or more Bidders, with or without the knowledge of the Procuring Entity, designed to establish bid prices at artificial, non-competitive levels.

  • Fair Wage means wages, which shall include wages for weekly day of rest and other allowances, whether for time or piece work, after taking in to consideration prevailing market rates for similar employment in the neighborhood but shall not be less than the minimum rates of wages fixed under the Minimum wages Act.

  • Secondhand dealer means a person who carries on the business of retailing or wholesaling used or secondhand property, including collectibles, or who operates a secondhand dealers’ premises, except for a person who carries on the business of retailing or wholesaling used property limited to:

  • Bought Deal means an Underwritten Offering made on a “bought deal” basis in one or more of the Qualifying Jurisdictions pursuant to which an underwriter has committed to purchase securities of the Company in a “bought deal” letter prior to the filing of a Prospectus in respect of the Distribution under Canadian Securities Laws;

  • Independent professional advice means advice of an attorney, certified public accountant, actuary, or other licensed professional adviser.

  • Controlling and “Controlled” have meanings correlative thereto.

  • Unfair trade practice means supply of services different from what is ordered on, or change in the Scope of Work.

  • MiFID II means Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU;

  • Broker Dealer of Record means GWM Limited or any successor or replacement thereto or any other entity appointed as broker dealer of record in accordance with the terms of the Broker Dealer of Record Agreement.

  • Expert advice or assistance means advice or assistance derived from scientific, technical, or other specialized knowledge.

  • Used motor vehicle dealer means a person that is engaged in the business of purchasing, selling, exchanging, or dealing in used motor vehicles and that has an established place of business in this state at which it conducts that business. The term does not include a new motor vehicle dealer purchasing, selling, exchanging, or dealing in used motor vehicles as part of its business of purchasing, selling, exchanging, or dealing in new motor vehicles.

  • Agent Professionals means attorneys, accountants, appraisers, auditors, environmental engineers or consultants, and other professionals and experts retained by the Administrative Agent.