Traduction de «Gain de transfert pour les répéteurs » (Français → Anglais) :

105. Is convinced that the management of the pensions of former Members is not part of Parliament's day-to-day operational tasks and the potential growth of pension expenses reduces the transparency of the budget; supports, therefore, the transfer of the management of three types of pensions - retirement, invalidity and survivors' pensions - falling under the Statute for Members to Section III of the Union budget, while continuing to consult and advise Members on pension-related issues; points out that the concentration of the management of pensions in one institution creates administrative efficiencies;

(a) ‘non-commercial movement’ means any movement which does not, either directly or indirectly, involve or aim at a financial gain or a transfer of ownership;

(12) In order to make a clear distinction between the rules that apply to movements for non-commercial purposes and to trade in and imports into the Union from third countries of dogs, cats and ferrets covered by the animal health requirements of Directive 92/65/EEC, this Regulation should not only define a pet animal but also the non-commercial movement of such animals as a movement which does not, either directly or indirectly, involve or aim at a financial gain or a transfer of ownership.

Therefore no global exposure is generated; nor does the AIF take on the risks and rewards of the ‘purchased’ securities, i.e. there is no incremental market risk.

HSW falling under the scheme would enjoy more extensive rights and third countries would benefit from brain gain, circular migration and remittances.

It has also been said on a number of occasions that the gains secured through cohesion policy have not derived solely from the financial assistance provided to the weakest regions but also from the process used to manage the transfers and the nature of the implementing programs.