QET definition

QET means a “qualifying environmental trust” as that term is defined in subsection 211.6(1) of the Tax Act;

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QET means a quasi-extinction threshold; below which a population is projected to become extinct.

QET means a qualifying environmental trust as defined in the Tax Act, subsection 248(1), established by a trust agreement for the sole purpose of funding the reclamation obligations of a Resource Company in respect of a QET Property.

Examples of QET in a sentence

• No amendment to the terms of the Trust and the terms of this Agreement is binding or effective unless the Tribunal approves the amendment and such amendment does not cause the Trust to not be or cease to be a QET.

• It is the express intention of the parties hereto for the Trust settled under this Agreement to constitute a QET.

• This Agreement shall be read and interpreted in light of and consistent with the QET definition and related provisions in the Tax Act, and the Company, other Beneficiaries and Trustee shall ensure that no actions are taken which would jeopardize the status of this Trust as a QET.

• For greater certainty, the Trustee is not authorized to, nor shall it, undertake or propose to undertake any action that would cause the Trust to not be or cease to be a QET.

• For greater certainty, no person other than a trust company licensed under the laws of Canada and authorized to be a trustee of a QET in accordance with the Tax Act and similar applicable provincial legislation, may be authorized and appointed to act as a trustee of this Trust.

More Definitions of QET

QET means the Quick Entry Team as defined by current JMD policy, or any team that is formulated to replace or supplement the current QET.

QET has the meaning given in Section 2.11(1).

QET means a qualified expert medical physicist designated for radiation therapyapproved to

QET means the Quick Entry Team as defined by current JMD policy, or any team that is formulated to replace or supplement the current QET.