- exemption clause
a term in a contract that seeks to exempt or excuse a party from his liability either under the contract to be performed or some other obligation. The clause must truly be part of the contract, and the court will, in the absence of clear acceptance, ask whether it was reasonable to say that it has been included providing a control of sorts over clause included on tickets by reference. It must be in words that could encompass the liability sought to be included. If the interpretation is ambiguous, it will be construed under reference to the contra proferentem rule. Such clauses are now regulated by the law on unfair contract terms.
Collins dictionary of law. W. J. Stewart. 2001.
Look at other dictionaries:
exemption clause — noun A contractual term or notice which attempts to exclude or restrict a person s liability • • • Main Entry: ↑exempt … Useful english dictionary
exemption — ex·emp·tion /ig zemp shən/ n 1: the act of exempting or state of being exempt 2: one that exempts or is exempted: as a: an amount of income exempted from taxation that may be deducted from adjusted gross income under the tax laws see also… … Law dictionary
clause — / klȯz/ n: a distinct section of a writing; specif: a distinct article, stipulation, or proviso in a formal document a no strike clause in the collective bargaining agreement claus·al / klȯ zəl/ adj Merriam Webster’s Dictionary of Law. Merriam… … Law dictionary
exemption stipulation — clause of a contract stating that one side is not liable for damages … English contemporary dictionary
exemption — noun ADJECTIVE ▪ complete, full, total ▪ blanket ▪ The bill gives sensitive police files a blanket exemption. ▪ partial ▪ … Collocations dictionary
Exemption — An exemption such as a Tax exemption allows a certain amount of income or other value to be legally excluded to avoid or reduce taxation.Exemption may also refer to:* Exemption (church), an exemption in the Roman Catholic Church, that is the… … Wikipedia
clause — noun 1 in a legal document ADJECTIVE ▪ confidentiality, indemnity, penalty ▪ The penalty clause specifies that late delivery will be fined. ▪ escape, exclusion, exemption … Collocations dictionary
clause — n 1. sentence, paragraph, passage, section, division. 2. article, particle, provision, proviso, point, specification, particular, detail; stipulation, term, condition, qualification, exception, exemption, reservation, Law. covenant; rider,… … A Note on the Style of the synonym finder
exemption — noun 1. immunity from an obligation or duty (Freq. 4) • Syn: ↑freedom • Derivationally related forms: ↑exempt • Hypernyms: ↑unsusceptibility, ↑immunity … Useful english dictionary
Homestead exemption in Florida — Homestead is given meaning in three different contexts under Florida law: 1. exemption from forced sale before and at death per Art. X, Section 4(a) (b) of the Florida Constitution [http://www.flsenate.gov/Statutes/index.cfm?Mode=Constitution… … Wikipedia