For Chile, Article Clause Samples
The 'For Chile, Article' clause serves to specify provisions or modifications that apply uniquely to Chile within a broader agreement or treaty. In practice, this clause may outline exceptions, adaptations, or additional obligations that are relevant only to Chile, such as compliance with local laws, specific regulatory requirements, or tailored implementation timelines. Its core function is to ensure that the agreement accommodates Chile's particular legal or practical circumstances, thereby promoting clarity and enforceability for parties operating in or with Chile.
For Chile, Article. 12.6.1 applies to the cross-border supply of or trade in financial services as defined in Article 12.1(b)(i) with respect to:
(a) insurance of risk relating to:
(i) international maritime transport and international commercial aviation, with such insurance to cover any or all of the following: the goods being transported, the vehicle transporting the goods, and any liability deriving there from; and
(ii) goods in international transit;
(b) brokerage of insurance of risks relating to subparagraph (a)(i) and (a)(ii); and
(c) reinsurance and retrocession; reinsurance brokerage; and consultancy, actuarial, and risk assessment.
For Chile, Article. 12.5(1) applies to the cross-border supply of or trade in financial services as defined in subparagraph (a) of the definition of cross-border supply of financial services in Article
