low price Agent Related Issue in DOP Finacle Canada

  • low price Agent Related Issue in DOP Finacle Canada
  • low price Agent Related Issue in DOP Finacle Canada
  • low price Agent Related Issue in DOP Finacle Canada
  • What are the low-value amounts regulations?
  • Low-Value Amounts Regulations Under the authority of subsection 155.2 (2) of the FAA, the Treasury Board made the regulations, effective April 1, 2015. The regulations cover thresholds, payment, accumulation of payments, and exemptions. The regulations establish two fixed thresholds for low-value amounts owed to or by the government as follows:
  • Should a department have a provision for low-value amounts?
  • A benefit of having a provision for low-value amounts in a department’s delegation chart is that the notes to the chart can describe the rules that apply to the department, as set out in this guide. The regulations specify that the amount owed is zero if “deemed to be nil.”
  • Does the price Claims Act apply to small businesses in Canada?
  • The Act applies to most businesses in Canada, regardless of size. This publication outlines the approach that the Commissioner of Competition is taking in enforcing the ordinary price claims provisions of the Act. The guidelines contained in this publication are not law.

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