In 2013, Oregon lawmakers passed a bill that would study pay it forward as a college funding system. The model would allow students to study at university without study and then pay a portion of their income after graduation to finance the cost of their studies. However, unlike the Income Participation Agreement model, Pay It Forward would be publicly funded and would provide fixed percentage repayments for all institutions.  In the United Kingdom, this type of agreement has been granted final approval by the ACF (British Financial Supervisory Authority) within a single legal framework. So far, StepEx is the only company to be a regulated ISA provider and to use funds from major UK financial institutions. ISAs are currently only available in the UK for postgraduate degrees in the professional fields of major universities. It is a broader and more affordable alternative to debt for the financing of post-graduate students.  2. If votes in favour of a Council decision are necessary, the votes of abstaining members are not counted and these members are not considered “votes” within the meaning of Article 2, Definition 4 or Definition 5. If a member uses the provisions of Article 12 and his votes are cast at a Council meeting, that member is deemed to be present and have the right to vote within the meaning of paragraph 1.
2. Members undertake to provide, within the time frame prescribed by the internal regulations, all available statistics and information that may be mentioned in these provisions as necessary to enable the organization to carry out its functions under this agreement. If necessary, the organization will use the relevant information it has from other sources. The organization does not publish information that could be used to identify the activities of individuals or companies that produce, process or market sugar. A participation contract (or ISA) is a financial structure in which a person or organization makes available to a beneficiary who, in return, agrees to repay a percentage of his income for a fixed number of years, something valuable (often a fixed amount of money).