claw back


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claw back

the recovery of a sum of money, esp by taxation or a penalty
References in periodicals archive ?
It is not acceptable for the Scottish Government to give with one hand only for the UK Government to take away with the other - when these powers were transferred to Scotland there was a commitment there would be no claw back of benefits as a result of payment or eligibility decisions made by the Scottish Government.
Standard Chartered Plc has said it will try to claw back bonuses from up to 150 senior staff if they are found culpable of breaching internal rules around risk-taking during the tenure of former chief executive Peter Sands.
The court also recalled and vacated its earlier interim orders through which the federal government was restrained from notifying the claw back decision and schedule of tariff.
On October 1,2012, as a consequence of the Manuge class action settlement, the claw backs from the War Veterans Allowance were cancelled.
Britain views the ability to claw back bonuses as a better method for dampening excessive risk-taking than the new European Union cap on bonuses that will affect payments made from early next year.
In addition to stricter claw back rules, Carney said the PRA would also look at possibly extending the minimum deferral period for bank bonuses to five years from the current minimum of three years.
He added that the claw backs would be 'somewhat limited' to what employees were paid in the previous two years.
Summary: Lloyds Banking Group is to claw back bonuses worth around Au2 million in the wake of the mis-selling of payment protection insurance.
But today detectives vowed to claw back every penny the fraudsters made from their "boiler room" scam.
When he was jailed for five years, prosecutors hoped to claw back the cash he made from trafficking.
ATTEMPTS to claw back council taxpayers' money spent on the doomed multibillion-pound Defence Technical College project in St Athan would be "impractical and not possible", a council official has warned.
Paul Kehoe said Conservative plans to scrap the Heathrow plan would help the city claw back passengers who leave the region to travel from the London terminal.