Incorporating a Customer’s Standard Terms of Business Into a Project Agreement Governed by the Laws of Malaysia – Some Challenges Encountered From a Legal Perspective

2018 ◽  
Author(s):  
Sumitra Woodhull
Keyword(s):  
Legal Perspective ◽  
Project Agreement ◽  
Standard Terms

Managing the impacts of mining on Ghana’s water resources from a legal perspective

2018 ◽  
Vol 1 (3) ◽  
pp. 156-165 ◽  
Author(s):  
Nasirudeen Abdul Fatawu
Keyword(s):  
Surface Water ◽  
Water Resources ◽  
Environmental Protection Agency ◽  
Large Scale ◽  
Small Scale ◽  
Mining Activities ◽  
Protection Agency ◽  
Environmental Laws ◽  
Mining Areas ◽  
Legal Perspective

Recent floods in Ghana are largely blamed on mining activities. Not only are lives lost through these floods, farms andproperties are destroyed as a result. Water resources are diverted, polluted and impounded upon by both large-scale minersand small-scale miners. Although these activities are largely blamed on behavioural attitudes that need to be changed, thereare legal dimensions that should be addressed as well. Coincidentally, a great proportion of the water resources of Ghana arewithin these mining areas thus the continual pollution of these surface water sources is a serious threat to the environmentand the development of the country as a whole. The environmental laws need to be oriented properly with adequate sanctionsto tackle the impacts mining has on water resources. The Environmental Impact Assessment (EIA) procedure needs to bestreamlined and undertaken by the Environmental Protection Agency (EPA) and not the company itself.

CORRELATION BETWEEN TAX POLICY AND CORRUPTION IN THE LEGAL PERSPECTIVE FOR COUNTRY'S ECONOMIC GROWTH

2017 ◽  
Vol 1 (2) ◽  
pp. 205
Author(s):  
Gideon J. ◽  
Edgar H. ◽  
Ivan I. ◽  
Nabil N. ◽  
Aptina A. ◽  
...  
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Tax Evasion ◽  
Tax Policy ◽  
Public Awareness ◽  
Transparency International ◽  
Tax Amnesty ◽  
Legal Perspective ◽  
State Income ◽  
The Government

<p>People Tax is the main source of state income. The better the tax policy of a country, the better the development of a country. One of the factors that influence the level of public awareness in paying taxes is corruption. Study shows that tax collection is one of them influenced by corruption. In the data of Corruption Perceptions Index 2016 reported by Transparency International, Indonesia is ranked 90 out of 176 countries. Tax evasion is a serious problem for many countries. Every year, the government loses revenue potential as many residents evade taxes in various ways. For this reason, the government implements tax amnesty. Tax amnesty is designed to permanently reduce the amount of underground economy activity, thereby increasing tax revenues in the future and developing countries can grow well.</p>

ISLAMIC COMMERCIAL LAW

1997 ◽  
Vol 14 (3) ◽  
pp. 17-37
Author(s):  
Mohammad Hashim Kamali
Keyword(s):  
Risk Reduction ◽  
Basic Question ◽  
Depth Information ◽  
Commercial Law ◽  
Other Hand ◽  
Legal Perspective ◽  
Financial Speculation ◽  
The Subject ◽  
Options Trading

This essay is presented in two sections. Section one is devoted to amarket analysis of options, and section two to a Shari'ah perspective onoptions trading. There is no real shortage of information in the operationalprocedures of options and the various ways in which options areutilized as trading vehicles and hedging and risk-reduction devices. Onthe other hand, there is a shortage of in-depth information analyzingoptions trading from the perspective of the Shari'ah. The second part ofthis essay is tentative, in part because certain aspects of the issue needfurther development and research. The literature on the subject is in itsearly stages and has not reached a stage where consensus on issues canbe identified. This is borne out perhaps by the divided opinion that wehave at present over the basic question of the validity or nonvalidity ofoptions from an Islamic legal perspective. I shall review these twoopposing currents of opinion in due course. Suffice it here to note thatthis presentation does not seek to advocate the validity of those varietiesof options which either directly or indirectly proceed on the charging offixed interest to accounts. This may be said to be one of the distinctivefeatures of the Shari'ah perspective on options-just as it is of all varietiesof commercial transactions in Islamic law.My review of the mechanics of options trading in the first section ofthis essay broadly indicates that options trading does not proceed oncharging of fixed interest, nor does it involve unwarranted risk takingand uncertainty (gharur). Options trading has a logic of its own, whichis dominated by the idea of risk reduction and hedging against excessivelylarge positions in its underlying assets. From the perspective ofIslamic law this aspect of options is attractive and hence, from this perspectiveI make the case for the legality of options. I may also add herein passing that options trading cannot be equated with gambling or overindulgencein financial speculation. as it is basically designed to ...

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