One of the mysteries of the English language finally explained.
- ‘A remittance system in a financial institution automatically generates a temporary remittance account based on the contents of a remittance, and clears the temporary remittance account after a remittee withdraws the remittance with a proper procedure.’
- ‘A remitter shall deduct and withhold from each payment of oil and gas proceeds being made to a remittee an amount equal to the rate specified in Subsection C of this section multiplied by the gross amount that otherwise would have been payable to the remittee.’
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