grandfather clause


Also found in: Dictionary, Thesaurus, Legal, Financial, Idioms, Encyclopedia, Wikipedia.
Any policy or rule that exempts a group of individuals, organizations, or drugs from meeting new standards or regulations—e.g., when a new subspecialty board in internal medicine is created, the physicians practising in that area may be ‘grandfathered’ into the subspecialty and not required to meet residency or other educational requirements

grandfather clause

Any policy or rule that exempts a group of individuals, organizations, or drugs, from meeting new standards or regulations; eg when a new subspecialty board in internal medicine is created, the physicians practicing in that area may be 'grandfathered' into the subspecialty and not required to meet residency or other educational requirements
Mentioned in ?
References in periodicals archive ?
Corollary: The value of the grandfather clause, G(|Delta~), is given by
Grandfather clauses and optimal portfolio revision
Eliminating or limiting the grandfather clause could have a significant impact on industry because, according to PHMSA, 61% of onshore natural gas transmission lines were constructed before 1970.
The NTSB San Bruno report and its implications
Either the senatorial clause and the grandfather clause are maintained in full, in which case the provinces with increasing populations would complain about being penalized even more than they currently are; or this protection is removed, in which case the provinces with declining populations would likely greet this decision with hostility.
The size of legislatures: a perspective on the House of Commons
The April supplement would go even further by eliminating the 1989 act's grandfather clause for related-party debt existing before July 10, 1989.
Proposals to modify earnings stripping rules
But that bill would keep the grandfather clause in effect for three more years, giving states more time to replace the revenue they now gain from Internet access taxes.
House passes permanent ban on Internet taxes
444 Madison's signage represents an existing non-conforming use and is permissible under a grandfather clause in the law.
Burberry's name on 444 Mad
But most of the 19 speakers opposed a grandfather clause to protect firms during the transition to new standards.
SBA hears public feedback on size standards
The bill affects 10 states that are allowed to levy taxes on Internet access under a grandfather clause in the current moratorium.
Senate Committee: make internet tax moratorium permanent
The original theory was that older plants eventually would be shut down because of inefficiencies and high maintenance costs, but the grandfather clause gave utilities motivation for keeping their oldest, dirtiest facilities going.
Clearing the air At best, Bush plan would preserve the status quo
The exemption came in the form of a so-called grandfather clause the US negotiated with China that allows AIG to maintain its existing 100% owned branches.
CHINA'S WTO BID FACES NEW HITCH
The Small Business League generated about 6,000 e-mail messages urging that size standards be based on employment rather than receipts and that there should be no grandfather clause under the new size standards.
Tiered size standards are proposed

Medical browser ?
Full browser ?