Application of Act No Sample Clauses

The 'Application of Act No' clause defines whether and how a specific statute or legislative act applies to the agreement or subject matter at hand. In practice, this clause may state that certain provisions of a named act are incorporated into the contract, or clarify that the act does not apply to the agreement, thereby excluding statutory obligations or protections. Its core function is to ensure clarity regarding the legal framework governing the contract, preventing ambiguity about the applicability of particular laws and reducing the risk of unintended legal consequences.
Application of Act No. 6 of 1956 (1) Subject to the agreement executed under the authority of this Act and to subsection (2) of this section, the 1956 Act shall be construed as though the agreement executed under the authority of that Act on the thirteenth day of February, nineteen hundred and fifty‑seven, were amended — (a) as provided in the agreement executed under the authority of the Commonwealth and State Housing Agreement Act, 1961; and (b) as provided in the agreement executed under the authority of this Act. (2) For the purposes of subsection (1) of this section — (a) the reference in subsection (4) of section six of the 1956 Act to sections two hundred and seventy and two hundred and seventy‑one of the Companies Act, 1943 shall be read as a reference to section two hundred and ninety‑one of the Companies Act, 1961; and (b) each reference in section six of the 1956 Act to Part VIII of the Companies Act, 1943 shall be read as a reference to Division 5 of Part X of the Companies Act, 1961. Schedule
View SourceView Similar (5)
Application of Act No. 6 of 1956
View SourceView Similar (4)
Application of Act No. 6 of 1956 (1) Subject to the agreement executed under the authority of this Act and to subsection (2) of this section, the 1956 Act shall be construed as though the agreement executed under the authority of that Act on the thirteenth day of February, nineteen hundred and fifty-seven, were amended — (a) as provided in the agreement executed under the authority of the Commonwealth and State Housing Agreement Act, 1961; and (b) as provided in the agreement executed under the authority of this Act. (2) For the purposes of subsection (1) of this section — (a) the reference in subsection (4) of section six of the 1956 Act to sections two hundred and seventy and two hundred and seventy-one of the Companies Act, 1943 shall be read as a reference to section two hundred and ninety-one of the Companies Act, 1961; and (b) each reference in section six of the 1956 Act to Part VIII of the Companies Act, 1943 shall be read as a reference to Division 5 of Part X of the Companies Act, 1961. AN AGREEMENT made the day of Section 3. One thousand nine hundred and sixty — between THE COMMONWEALTH OF AUSTRALIA (in this agreement called “the Commonwealth”) of the one part, THE STATE OF NEW SOUTH WALES of the second part, THE STATE OF VICTORIA of the third part, THE STATE OF QUEENSLAND of the fourth part, THE STATE OF SOUTH AUSTRALIA of the fifth part, THE STATE OF WESTERN AUSTRALIA of the sixth part and THE STATE OF TASMANIA of the seventh part and intended to be supple-mental to the agreement referred to in this agreement as the 1956-1961 Agreement.
View SourceView Similar (3)

Related to Application of Act No

  • Application of Agreement 4.1 This Agreement applies to: (a) ▇'▇▇▇▇▇▇▇▇ Ground Engineering Pty Ltd (the Employer) (b) the CFMEU (the Union) (c) all Employees of the Employer engaged in construction work and for whom classifications and rates of pay are provided by this Agreement (the Employee). Collectively known as Parties 4.2 This Agreement only applies to work done in Queensland or Northern Territory and to work temporarily done outside Queensland or Northern Territory by Employees who are based in Queensland or Northern Territory, except where employees are covered by a subsequent Greenfields agreement made under s.182(3) of the Fair Work Act 2009 (Cth) and approved by the Fair Work Commission.

  • Application of Laws 1. While entering, within, or leaving the territory of one Party, its laws and regulations relating to the operation and navigation of aircraft shall be complied with by the other Party’s airlines. 2. While entering, within, or leaving the territory of one Party, its laws and regulations relating to the admission to or departure from its territory of passengers, crew or cargo on aircraft (including regulations relating to entry, clearance, aviation security, immigration, passports, customs and quarantine or, in the case of mail, postal regulations) shall be complied with by, or on behalf of, such passengers, crew or cargo of the other Party’s airlines.

  • Application of other Rules If the provisions of law of either Contracting Party or obligations under international law existing at present or established hereafter between the Contracting Parties in addition to the present Agreement contain rules, whether general or specific, entitling investments by investors of the other Contracting Party to a treatment more favourable than is provided for by the present Agreement, such rules shall to the extent that they are more favourable prevail over the present Agreement.

  • Application of Section 409A Notwithstanding anything to the contrary herein, the following provisions apply to the extent severance benefits provided herein are subject to Section 409A of the Code and the regulations and other guidance thereunder and any state law of similar effect (collectively “Section 409A”). Severance benefits shall not commence until Executive has a “separation from service” for purposes of Section 409A. If Executive is a “specified employee” within the meaning of 409A(a)(2)(B)(i) of the Code, any installment payments of Disability Base Salary Payments pursuant to Section 6.3(b) or Cash Compensation Amounts pursuant to Section 6.5(b) or 6.6(b) that are triggered by a separation from service shall be accelerated to the minimum extent necessary so that (a) the lesser of (y) the total cash severance payment amount, or (z) six (6) months of such installment payments are paid no later than March 15 of the calendar year following such termination, and (b) all amounts paid pursuant to the foregoing clause (a) will constitute separate payments for purposes of Section 1.409A-2(b)(2) of the Treasury Regulations and thus will be payable pursuant to the “short-term deferral” rule set forth in Section 1.409A-1(b)(4) of the Treasury Regulations. It is intended that if Executive is a “specified employee” within the meaning of Section 409A(a)(2)(B)(i) of the Code at the time of such separation from service the foregoing provision shall result in compliance with the requirements of Section 409A(a)(2)(B)(i) of the Code because payments to Executive will either be payable pursuant to the “short-term deferral” rule set forth in Section 1.409A-1(b)(4) of the Treasury Regulations or will not be paid until at least 6 months after separation from service. The severance benefits are intended to qualify for an exemption from application of Section 409A or comply with its requirements to the extent necessary to avoid adverse personal tax consequences under Section 409A, and any ambiguities herein shall be interpreted accordingly.

  • Application for Enforcement In the event the Company fails to make timely payments as set forth in Sections 6 or 7(b) above, Indemnitee shall have the right to apply to any court of competent jurisdiction for the purpose of enforcing Indemnitee’s right to indemnification or advancement of expenses pursuant to this Agreement. In such an enforcement hearing or proceeding, the burden of proof shall be on the Company to prove that indemnification or advancement of expenses to Indemnitee is not required under this Agreement or permitted by applicable law. Any determination by the Company (including its Board of Directors, stockholders or independent counsel) that Indemnitee is not entitled to indemnification hereunder, shall not be a defense by the Company to the action nor create any presumption that Indemnitee is not entitled to indemnification or advancement of expenses hereunder.