Under the new legislation, workers will be able to carryover such accrued annual leave for a period of 15 months after the leave year in question. The new legislation is in response to Court of Justice of the European Union rulings on accrual of annual leave entitlements during sick leave.
DEFINITION of 'Prospectus'. A formal legal document, which is required by and filed with the Securities and Exchange Commission, that provides details about an investment offering for sale to the public. A prospectus should contain the facts that an investor needs to make an informed investment decision. Also known as an offer document..
Why documents necessary in business transaction? to record the transaction and the purpose so as to better keep things organized. What is a business transaction? Answer: It is the business event ( activity ) which can be measured in term of money. and which must be recorded in business book ( or system) of account. For example to buy â¦raw material for your business. Raw material has a money value. so we can measured the raw material in term of money.