Competent Authority definition

Competent Authority and ‘Appellate Authority’ shall mean the following:
Competent Authority means authority nominated to exercise power of approval, sanction and acceptance concerning administrative, financial and technical aspects of transactions done on behalf of the Bank.
Competent Authority means Executive Director or Group General Manager or General Manager (In-charge) or General Manager or BHEL Officers who are empowered to act on behalf of the Executive Director or General Manager (In-charge) or General Manager of BHEL.

Examples of Competent Authority in a sentence

  • The U.S. Competent Authority also has the discretion to determine significant non-compliance based on failure to satisfy due diligence, reporting, withholding and other obligations with respect to a Reporting Czech Financial Institution.

  • Where the Czech Competent Authority elects to use IDES as an M1O2 data collection tool, the Czech Competent Authority intends to maintain Confidentiality Protections from the time information is successfully uploaded by a Reporting Czech Financial Institution or by or on behalf of a Paragraph 1.1.2 Financial Institution to IDES.

  • The U.S. Competent Authority intends to provide the Czech Competent Authority annually with the information necessary to identify each registered Czech Financial Institution included on the IRS FFI list.

  • Under Article 5(2) of the IGA, the receiving Competent Authority has the discretion to determine whether there is significant non-compliance with the obligations to obtain and exchange information described in Articles 2(2) and 4(1)(b) of the IGA with respect to a Reporting Financial Institution in the other jurisdiction.

  • The receiving Competent Authority may determine that certain failures constitute significant non-compliance with respect to a Reporting Financial Institution regardless of whether the failure is attributable to the providing Competent Authority or the Reporting Financial Institution.


More Definitions of Competent Authority

Competent Authority means such authority as may be notified by the Government;
Competent Authority means any local, national or supra-national agency, authority, department, inspectorate, minister, official, court, tribunal or public or statutory person (whether autonomous or not) of the United Kingdom or the Netherlands (or the governments thereof) or the European Communities which has jurisdiction over either Party or the subject matter of the Agreement.
Competent Authority means any central government, provincial regional government, municipality regional government, other local authorities, the courts of law, or any other judicial/administrative authority having the jurisdiction over all or any of the matter arising from or involving this Agreement;
Competent Authority means any supranational, national, regional, local or municipal government or regulatory authority, body, agency, court, ministry, inspectorate or department, or any official, public or statutory person or body, police, customs or port authority, in each case acting in accordance with its or their statutory or legal authority in any jurisdiction having authority over the Customer / ABP or having responsibility for the regulation or governance of any aspect of the performance of these Conditions and/or the Port and/or any activities carried out at the Port;
Competent Authority means the minister, government department or other authority having power to issue and enforce regulations, orders or other instructions having the force of law in respect of the subject matter of the provision concerned;
Competent Authority means the authority, designated by each Member State in accordance with Article 69, unless otherwise specified in this Directive;
Competent Authority means Managing Director of Nodal Agency, himself and/or a person or group of persons nominated by him for the mentioned purpose herein;