Grandfather clause


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Grandfather clause

A provision included in a new rule or regulation that exempts a business that is already conducting business in the area addressed by the regulation from penalty or restriction.

Grandfather Clause

A clause in a new law, regulation, or anything else that exempts certain persons or businesses from abiding by it. For example, suppose a country passes a law stating that it is illegal to own a cat. A grandfather clause would allow persons who already own cats to continue to keep them, but would prevent people who do not own cats from buying them. Grandfather clauses are controversial, but they are also relatively common.
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References in periodicals archive ?
The grandfather clause does not apply to the discriminatory tax moritorium.
The Internet Tax Freedom Act and sales tax
For the purposes of illustrating the effects of the grandfather clause, however, the following abstraction seems reasonable.
Grandfather clauses and optimal portfolio revision
Many associations apply a grandfather clause when they introduce a new certification, which means that someone earns the certification based on experience or other criteria but not on an actual exam.
Not your grandmother's, or grandfather's, IMA: IMA[R] believes that employers and organizations are better served by fully qualified professionals who have studied for and passed a rigorous, robust, and comprehensive assessment of their abilities
Finding no safety justification for the exemption, the NTSB recommended that PHMSA eliminate the grandfather clause from its regulations and require that all gas transmission pipelines constructed before 1970 be subjected to a hydrostatic pressure test that incorporates a spike test.
The NTSB San Bruno report and its implications
A more generalized grandfather clause on telecommunication services that are used to access the Internet, such as backbone digital subscriber lines and cable platforms.
Senate passes modified version of S. 150
Under the rule, employers have only 60 days from the publication of the standard to meet requirements of the grandfather clause.
BOMA International on Ergonomics: Where is the Rule Headed?
Representation became slightly less proportional than it was under the amalgam system, notably because the grandfather clause applied in relation to a lower total number of seats.
The size of legislatures: a perspective on the House of Commons
However, they contain a grandfather clause for debt outstanding before that date.
Proposals to modify earnings stripping rules
And over the objections of Clarke, the council added a grandfather clause that made legal the Rumors tumor and its imitators.
Fiasco Alfresco; how Washington's greedy restaurant owners managed to shack up
Both the National Federation of Independent Business and the American Small Business League oppose a grandfather clause.
Sen. Snowe favors tiered size standards

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