Compliance: Difference between revisions

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imported>Doug Williamson
(Link with Compliance risk page.)
imported>Doug Williamson
(Identify contexts of definitions 4 and 5.)
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4.
4. ''Tax''.


''Tax compliance'' means making tax payments and producing and submitting tax information to the tax authorities on time and in the required formats.
''Tax compliance'' means making tax payments and producing and submitting tax information to the tax authorities on time and in the required formats.




5.
5. ''Loan agreements''.


''Covenant compliance'' means acting within the limits defined by financial covenants and other covenants in borrowings documentation.
''Covenant compliance'' means acting within the limits defined by financial covenants and other covenants in borrowings documentation.
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* [[Compliance risk]]
* [[Compliance risk]]
* [[Covenant]]
* [[Covenant]]
* [[Loan agreement]]
* [[SMR]]
* [[SMR]]



Revision as of 13:33, 21 August 2018

1.

Procedures and processes in corporations or public agencies to ensure that personnel are aware of relevant laws and regulations and take appropriate steps to comply with them.


2.

More broadly, to act to fulfil a wish, command, code or rule.


3.

Part of the ACT's Ethical Code.


4. Tax.

Tax compliance means making tax payments and producing and submitting tax information to the tax authorities on time and in the required formats.


5. Loan agreements.

Covenant compliance means acting within the limits defined by financial covenants and other covenants in borrowings documentation.


See also