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A Dual Board or Two Tier system is a corporate structure system that consists of two bodies i.e. the Council of Delegates to govern the Board of Directors and the Board of Directors to manage a corporation. The roles and relationships between the two bodies vary across countries.
A real estate mortgage investment conduit (REMIC) is "an entity that holds a fixed pool of mortgages and issues multiple classes of interests in itself to investors" under U.S. Federal income tax law and is "treated like a partnership for Federal income tax purposes with its income passed through to its interest holders".
Alberta does not have an official municipal status type of regional municipality. [1] However, that has not prevented one municipality from branding itself as one. Wood Buffalo, formed as a specialized municipality on April 1, 1995, through the amalgamation of the City of Fort McMurray and Improvement District No. 143, changed its official name from Municipality of Wood Buffalo to Regional ...
As a partner at Egon Zehnder, one of the world’s top leadership advisory and executive recruiting firms, I have helped leaders navigate through their hardest challenges, succession being top of ...
Local government in Greater London, England takes place in two tiers; an upper tier and a lower tier. The upper tier authority is the Greater London Authority (GLA), controlled by the Mayor of London and the London Assembly. The lower tier authorities are the 32 borough councils and the City of London Corporation in the City of London. [1]
Such two-tier wage systems are often economically attractive to both employers and unions. Employers see immediate reductions in the cost of hiring new workers. [3] Existing union members see no wage reduction, and the number of new union members with lower wages is a substantial minority within the union and so is too small to prevent ...
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