Amendment proposals Clause Samples
Amendment proposals. (a) A proposal by the Operator or any other person to amend this agreement must be made in writing and include:
(i) an outline of the proposed amendment;
(ii) a description of, and an explanation of the reasons for, the proposed amendment; and
(iii) to the extent reasonably practicable, an analysis of the costs and benefits of the proposed amendment.
(b) Unless the Operator rejects a proposal in accordance with the National Gas Rules, within 40 Business Days of formulating or receiving a proposal for an amendment, the Operator must publish on its website:
(i) the proposal;
(ii) a notice in accordance with clause 3.3(b) or 3.4(b), as applicable; and
(iii) an impact and implementation report prepared by the Operator containing:
(A) a critical examination of the proposed amendment and its likely effect (including its costs and benefits); and
(B) the Operator’s preliminary view on whether the proposed amendment or an alternative amendment should be made.
(c) If the Operator rejects a proposed amendment under the National Gas Rules, the Operator must give the proponent written notice of the decision and the reasons for it.
(d) If a proponent withdraws its proposal to amend this agreement, the process for considering the proposal lapses unless the Operator decides to adopt the proposal.
Amendment proposals. A proposal by the Operator or any other person to amend this agreement must be made in writing and include: an outline of the proposed amendment; a description of, and an explanation of the reasons for, the proposed amendment; and to the extent reasonably practicable, an analysis of the costs and benefits of the proposed amendment. Unless the Operator rejects a proposal in accordance with the National Gas Rules, within 40 Business Days of formulating or receiving a proposal for an amendment, the Operator must publish on its website: the proposal; a notice in accordance with clause 3.3(b) or 3.4(b), as applicable; and an impact and implementation report prepared by the Operator containing: a critical examination of the proposed amendment and its likely effect (including its costs and benefits); and the Operator’s preliminary view on whether the proposed amendment or an alternative amendment should be made. If the Operator rejects a proposed amendment under the National Gas Rules, the Operator must give the proponent written notice of the decision and the reasons for it. If a proponent withdraws its proposal to amend this agreement, the process for considering the proposal lapses unless the Operator decides to adopt the proposal.
Amendment proposals. Subject to the provisions of Article 13(3), parties to the treaty may propose amendments and modifications to the treaty necessary to address evolving technological, ethical and legal considerations.