Regulatory Penalties definition

Regulatory Penalties means any civil fine or civil monetary penalty imposed in a regulatory proceeding payable by you to the governmental entity bringing the regulatory proceeding and any sum of money that an insured is legally obligated to deposit in a fund as equitable relief for the payment of consumer claims due to an adverse judgment or settlement of a regulatory proceeding.
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Regulatory Penalties means civil penalties or fines to the extent insurable by law imposed by an Australian Commonwealth, State or Territory governmental regulatory body against the Insured.
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Regulatory Penalties. Means to the extent insurable by law:
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Examples of Regulatory Penalties in a sentence

  • See Yeung, K., ‘Quantifying Regulatory Penalties: Australian Competition Law Penalties in Perspective’ (1999) 23 Melbourne University Law Review 440, 447-449.

  • Privacy Regulatory Defence and Penalties Underwriters shall pay on the Insured's behalf amounts which the Insured becomes legally obligated to pay, including Defence Costs and Expenses, as a direct result of a civil regulatory action, including Regulatory Penalties, directly arising from an actual or suspected Breach of Security, Breach of Privacy or breach of Privacy Regulations Notified to us in accordance with Clause 5.2 of this Policy.

  • This discussion should concentrate on those issues which could significantly affect the evaluation and selection of the corrective measures alternative(s).[ NOTE: The implementing agency may allow the Permittee/Respondent to reference the RFI current conditions report in lieu of additional discussion in this section.

  • Breach of these conditions may lead to a review of the licence which may result in its revocation or amendment.When considering future licence applications, we may take previous breaches and enforcement action into account.Explanation of how decisions are made on enforcement actionIn making decisions about the most appropriate enforcement action to take, we are mindful of the principles set out in the Macrory Review of Regulatory Penalties 2006 concerning sanctions and penalties.

  • The Government also accepted in full the recommendations of the Macrory Review of Regulatory Penalties, and has enshrined them within part 3 of The Regulatory Enforcement & Sanctions Act 2008.

  • SECTION B EXCLUSIONS In addition to the EXCLUSIONS APPLICABLE TO ALL COVERAGE PARTS and SECTION B EXCLUSIONS of COVERAGE PART VII PUBLIC OFFICIALS LIABILITY this PART VIIPRIVACY OR SECURITY EVENT LIABILITY AND EXPENSE does not apply to any Claim, Suit, Regulatory Proceeding, Damages, Regulatory Penalties, Claim Expenses, Privacy Response Expenses, PCI-DSS Assessments, Cyber Extortion Expenses or Cyber Extortion Monies related to any of the exclusions enumerated in this SECTION B EXCLUSIONS.

  • Karen Yeung, ‘Quantifying Regulatory Penalties: Australian Competition Law Penalties in Perspective’ (1999) 23 Melbourne University Law Review 440.

  • We will pay for Regulatory Penalties an insured becomes legally obligated to pay as a result of a regulatory proceeding resulting from a privacy or security event if notice of the regulatory proceeding is received by you prior to the end of the policy period.

  • In coming to a decision on how to deal with non-compliance, we will have regard to the following principles which are set out in the Macrory review1 of Regulatory Penalties.

  • The Government also accepted in full the recommendations of the Macrory Review of Regulatory Penalties, which should provide a new flexible ‘tool-kit’ of sanctions to use against those who break regulations.


More Definitions of Regulatory Penalties

Regulatory Penalties means regulatory penalties, whether impacting revenue or expense, pursuant to regulatory commitments for service quality indices and broadband availability.
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Related to Regulatory Penalties

  • Statutory Penalties are those amounts awarded as a penalty, but are fixed in amount by statute.

  • CAISO Penalties means any fees, liabilities, assessments, or similar charges assessed by the CAISO for (a) violation of the CAISO Tariff and all applicable protocols, WECC rules or CAISO operating instructions or orders or (b) as a result of Seller’s failure to follow Prudent Electrical Practices. “CAISO Penalties” do not include the costs and charges related to Scheduling and imbalances as addressed in Section 14.1 of this Agreement.

  • PAGA Penalties means the total amount of PAGA civil penalties to be paid from the Gross Settlement Amount, allocated seventy-five percent (75%) to the LWDA and the twenty-five percent (25%) to the Aggrieved Employees in settlement of PAGA claims.

  • Published Penalties means any additional published cancellation penalties levied by Your travel agency or Travel Supplier that apply to all clients of the travel agency or Travel Supplier and can be documented at time of Your purchase of Travel Arrangements from Your travel agency. The maximum amount reimbursable for travel agency published penalties is 25% of the total trip cost excluding taxes and other non-commissionable items.

  • Regulatory Rules means all corporate and securities laws, regulations, rules, policies, notices, instruments and other orders of any kind whatsoever which may, from time to time, apply to the implementation, operation or amendment of this Plan or the Options granted from time to time hereunder including, without limitation, those of the applicable Regulatory Authorities.

  • Public health authority means an agency or authority of the United States, a state, a territory, a political subdivision of a state or territory, an Indian tribe, or a foreign government, or a person or entity acting under a grant of authority from or contract with such public agency, including the employees or agents of such public agency or its contractors or persons or entities to whom it has granted authority, that is responsible for public health matters as part of its official mandate.

  • Civil penalty means a penalty which is imposed on a credit provider by the operation of this Act and under which the debtor is not liable to pay to the credit provider an amount otherwise payable under a regulated contract.

  • Environmental, Health and Safety Liabilities means any cost, damages, expense, liability, obligation or other responsibility arising from or under Environmental Law or Occupational Safety and Health Law and consisting of or relating to:

  • Regulatory Costs are, collectively, future, supplemental, emergency or other changes in Reserve Percentages, assessment rates imposed by the Federal Deposit Insurance Corporation, or similar requirements or costs imposed by any domestic or foreign Governmental Authority and related in any manner to a Fixed Rate.

  • Adverse drug reaction means any undesirable or unexpected medication related event that requires discontinuing a medication or modifying the dose, requires or prolongs hospitalization, results in disability, requires supportive treatment, is life-threatening or results in death, results in congenital anomalies, or occurs following vaccination.

  • Occupational Health and Safety Act means the Occupational Health and Safety Act, 1993 (Act No 85 of 1993);

  • Licensed clinical social worker means an individual who meets the licensed clinical social worker requirements established in KRS 335.100.

  • Infectious Disease means an illness that is capable of being spread from one individual to another.

  • Regulatory Body means those government departments and regulatory, statutory and other entities, committees, ombudsmen and bodies which, whether under statute, rules, regulations, codes of practice or otherwise, are entitled to regulate or investigate the matters dealt with in this Agreement or any other affairs of the Provider or the Department, including, without limitation Ofsted, the European Commission and the European Court of Auditors;

  • Environmental, Health and Safety Laws means the Comprehensive Environmental Response, Compensation and Liability Act of 1980, the Resource Conservation and Recovery Act of 1976, and the Occupational Safety and Health Act of 1970, each as amended, together with all other laws (including rules, regulations, codes, plans, injunctions, judgments, orders, decrees, rulings, and charges thereunder) of federal, state, local, and foreign governments (and all agencies thereof) concerning pollution or protection of the environment, public health and safety, or employee health and safety, including laws relating to emissions, discharges, releases, or threatened releases of pollutants, contaminants, or chemical, industrial, hazardous, or toxic materials or wastes into ambient air, surface water, ground water, or lands or otherwise relating to the manufacture, processing, distribution, use, treatment, storage, disposal, transport, or handling of pollutants, contaminants, or chemical, industrial, hazardous, or toxic materials or wastes.

  • Participating Clinical Laboratory means a Clinical Laboratory which has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • EMA means the European Medicines Agency or any successor agency thereto.

  • FDA means the United States Food and Drug Administration.

  • Governmental Regulations means all laws, ordinances, rules and regulations of the Authorities applicable to Seller or Seller’s use and operation of the Real Property or the Improvements or any portion thereof.

  • Criminal drug statute means a Federal or non-Federal criminal statute involving the manufacture, distribution, dispensing, possession or use of any controlled substance.

  • Clinical laboratory means a facility for the microbiological, serological, chemical, hematological, radiobioassay, cytological, immunohematological, pathological, or other examination of materials derived from the human body for the purpose of providing information for the diagnosis, prevention, or treatment of a disease or assessment of a medical condition.

  • Health and Safety Laws means any Laws pertaining to safety and health in the workplace, including the Occupational Safety and Health Act, 29 U.S.C. 651 et seq. (“OSHA”), and the Toxic Substances Control Act, 15 U.S.C. 2601, et seq. (“TSCA”).

  • Non-Participating Clinical Laboratory means a Clinical Laboratory which does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan provide services to you at the time services are rendered.

  • national regulatory authority means the body or bodies charged by a Member State with any of the regulatory tasks assigned in this Directive and the Specific Directives;

  • Regulatory Bodies means those government departments and regulatory, statutory and other entities, committees, ombudsmen and bodies which, whether under statute, rules, regulations, codes of practice or otherwise, are entitled to regulate, investigate, or influence the matters dealt with in the Contract or any other affairs of the Authority and “Regulatory Body” shall be construed accordingly.

  • Clinical means having a significant relationship, whether real or potential, direct or indirect, to the actual rendering or outcome of dental care, the practice of dentistry, or the quality of dental care being rendered to a patient;