Explain safe harbour rule, Financial Management

Q. Explain Safe Harbour Rule?

Safe Harbour Rule - Concept in statutes and regulations whereby a person who meets listed requirements would be preserved from adverse legal action. Often safe harbours are used where a legal requirement is somewhat ambiguous and carries a risk of punishment for an unintended violation.

Posted Date: 8/19/2013 12:58:59 AM | Location : United States

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