Illicit activity definition

Illicit activity means any activity defined unequivocally by the law of the Parties as incurring a criminal penalty.
Sample 1Sample 2

Examples of Illicit activity in a sentence

  • Illicit activity on school grounds which does not rise to the severity of Section 3 Sexual Misconduct.

  • Security expenditures (national security and police) are high at around 28 percent of GDP in 2019, compared to the low-income country average of around three percent of GDP.3 Illicit activity remains central to the Afghan economy.4 The opium economy is driven by weak rule of law, easy access to key trade routes, and the absence of alternative livelihood generating activities.

  • Two primary factors impede credible quantitative estimation of the rule’s benefits: Illicit activity is difficult to observe, meaning that reported measures are likely unreliable, and there is no past variation in beneficial ownership requirements in the United States from which to estimate the effects on outcomes.

  • Illicit activity is often conducted in currency and placement into afinancial institution is the first phase of money laundering.

  • Illicit activity prevention – To ensure that the financial system cannot be used to support criminal and terrorist activity which include policies to prevent money laundering, tax evasion, terrorism financing and the contravention of financial sanctions.

  • Security expenditures (national security and police) are high at around 29 percent of GDP in 2018, compared to the low‐income country average of around 3 percent of GDP.4 Illicit activity remains central to the Afghan economy.5 The opium economy is driven by weak rule of law, easy access to key trade routes, and absence of alternative livelihood generating activities.

  • Several respondents had noted that the narrative within these communities was framed around negative police tactics, and that the police were overly aggressive and critical of the protests.

  • Illicit activity occurs both domestically and internationally and can include money laundering by drug-trafficking organizations, organized crime groups, and perpetratorsof fraud, among other criminal elements; fundraising by terrorist groups; and payments or funds transfers to procure dual-use goods or help finance WMD programs.

  • Pyle (Eds.) Illicit activity: The economics of crime, drugs, and tax fraud (pp.

  • Illicit activity could occur across multiple sectors involved in the maritime industry.

Related to Illicit activity

  • Terrorist activity means any deliberate, unlawful act that:

  • Program or activity means all of the operations of any entity described in paragraphs (m)(1) through (4) of this section, any part of which is extended Federal financial assistance:

  • licensed activity means any activity set out in section 4 of this licence.

  • Development Activity means any activity defined as Development which will necessitate a Floodplain Development Permit. This includes buildings, structures, and non-structural items, including (but not limited to) fill, bulkheads, piers, pools, docks, landings, ramps, and erosion control/stabilization measures.

  • Outside Activity means any private practice, private consulting, additional teaching or research, or other activity, compensated or uncompensated, which is not part of the employee's assigned duties and for which the University has provided no compensation.

  • FTR Net Activity means the aggregate net value of the billing line items for auction revenue rights credits, FTR auction charges, FTR auction credits, and FTR congestion credits, and shall also include day-ahead and balancing/real-time congestion charges up to a maximum net value of the sum of the foregoing auction revenue rights credits, FTR auction charges, FTR auction credits and FTR congestion credits.

  • Peak Market Activity means a measure of exposure for which credit is required, involving peak exposures in rolling three-week periods over a year timeframe, with two semi-annual reset points, pursuant to provisions of Tariff, Attachment Q, section V.A. Peak Market Activity shall exclude FTR Net Activity, Virtual Transactions Net Activity, and Export Transactions Net Activity. Peak Season:

  • Competitive Activity will not include (i) the mere ownership of securities in any such enterprise and the exercise of rights appurtenant thereto or (ii) participation in the management of any such enterprise other than in connection with the competitive operations of such enterprise.

  • Competing Activity means the providing of services or performance of activities for a Competitive Enterprise in a line of business that is similar to any line of business to which the Executive provided services to the Firm in a capacity that is similar to the capacity in which the Executive acted for the Firm while employed by the Firm, and (ii) “Competitive Enterprise” shall mean a business (or business unit) that (A) engages in any activity or (B) owns or controls a significant interest in any entity that engages in any activity, that in either case, competes anywhere with any activity in which the Firm is engaged up to and including the Executive’s Date of Termination. Further, notwithstanding anything in this Section 5, the Executive shall not be considered to be in violation of this Section 5 solely by reason of owning, directly or indirectly, any stock or other securities of a Competitive Enterprise (or comparable interest, including a voting or profit participation interest, in any such Competitive Enterprise) if the Executive’s interest does not exceed 5% of the outstanding capital stock of such Competitive Enterprise (or comparable interest, including a voting or profit participation interest, in such Competitive Enterprise).

  • Curricular activity means an activity, course, or program that is:

  • Education program or activity means locations, events, or circumstances for which the school district exercises substantial control over both the respondent and the context in which the sexual harassment occurs and includes school district education programs or activities that occur on or off of school district property.

  • Competitive Business Activity means:

  • Competitive Activities means any business activities in which the Company or any other member of the Company Group engage (or have committed plans to engage) during the Term of Employment, or, following termination of Employee’s employment hereunder, was engaged in business (or had committed plans to engage) at the time of such termination of employment.

  • Corrupt activities means any corrupt activities as contemplated in the Prevention and Combating of Corrupt Activities Act 2004 (Act no. 12 of 2004)

  • Regulated Activity means any generation, treatment, storage, recycling, transportation, disposal or release of any Hazardous Substances.

  • Activity Material means any Material, other than Reporting Material, created or developed by the Grantee as a result of the Activity and includes any Existing Material that is incorporated in or supplied with the Activity Material.

  • Commercial activity means any activity or employment of the vessel for which a contract or charter party is in force and includes the carriage of any cargo or persons for reward;

  • Restricted Activity means directly or indirectly owning any interest in, managing, controlling, participating in, consulting with, rendering services for, or in any manner engaging in any business with any customer, supplier, competitor or other person having a business relation with the Company or any of its subsidiaries; provided however that the term "Restricted Activity" shall not include passive ownership of not more than 2% of the outstanding stock of any class of a corporation which is publicly traded, so long as Executive has no active participation in the business of that corporation.

  • Extracurricular activity means any optional, noncredit, educational or

  • Co-curricular activity means an activity, course, or program that:

  • Permitted Activities The primary activities of the trust created pursuant to this Agreement which shall be:

  • licensed activities means things authorised to be done by the licence

  • Commercial cannabis activity means the production, cultivation,

  • Activity means the rate of disintegration or transformation or decay of radioactive material. The units of activity are the becquerel (Bq) and the curie (Ci).

  • Project Activities means the activities to be undertaken or Works to be delivered or Property to be contributed or provided by you, your approved Sub-Grantees or your approved sub- contractors as summarised in the Particulars and more particularly described in the Agreed Proposal for which Xxxxx is payable under this Agreement;

  • Business activity means that term as defined in section 3(2) of the former single business tax act, 1975 PA 228, or in section 105 of the Michigan business tax act, 2007 PA 36, MCL 208.1105.