Regulatory Framework Clause Samples

Regulatory Framework. 1. The Parties shall endeavor to respect and make best use of relevant international standards including, the OECD Guidelines on Corporate Governance of State-Owned Enterprises. 2. Each Party shall ensure that any regulatory body or competent authorities exercising a regulatory function that it establishes or maintains: (a) is independent from and not accountable to any of the enterprises that it regulates in order to ensure the effectiveness of the regulatory function, and (b) acts impartially10 in like circumstances with respect to all enterprises that it regulates, including enterprises defined in Article 1.11 3. Each Party shall ensure the enforcement of laws and regulations in a consistent and non-discriminatory manner, including on enterprises defined in Article 1.

Regulatory Framework. Article 129. Mutual Recognition

Regulatory Framework. 33.3.1 The Parties will ensure compliance with the Work Health and Safety Act (including Regulations, the Safe Work Stevedoring Code of Practice 2016, Marine Orders 32, agreed Guidelines and Codes of Practice made under the legislation) and the Company's Safety Policy and Procedures.

Regulatory Framework. The development and implementation of an Administration Strategy is part of the regulatory framework of the Local Government Pension Scheme Regulations 2013. These provide the conditions and regulatory guidance surrounding the production and implementation of an Administration Strategy. Regulation 59 (1) enables an LGPS administering authority to prepare a document (“the Pension Administration Strategy”) which contains the following: • procedures for liaison and communication with their relevant employing authorities • the establishment of levels of performance which the administering authority and the relevant employing authorities are expected to achieve in carrying out their functions under the LGPS by: o setting performance targets o making agreements about levels of performance and associated matters o such other means as the administering authority considers appropriate • procedures which aim to secure that the administering authority and the relevant employers comply with the statutory requirements in respect of those functions and with any agreement about levels of performance • procedures for improving the communication of information by the administering authority and the relevant employing authorities • the circumstances in which the administering authority may consider giving written notice to a relevant employing authority on account of that employer’s unsatisfactory performance in carrying out its functions under these regulations when measured against levels of performance • such other matters as appear to the administering authority to be suitable for inclusion in that strategy. In addition, Regulation 59(6) of the administration regulations also requires that where a Pension Administration Strategy is produced, a copy is issued to each of the relevant employing authorities as well as to the Secretary of State. Similarly, when the strategy is revised at any future time the administering authority (following a material change to any policies contained within the strategy) must notify all of its relevant employing authorities and also the Secretary of State. It is a requirement that, in preparing or revising any Pension Administration Strategy, the administering authority must consult its relevant employing authorities and such other persons as it considers appropriate. In addition, Regulation 70 of the Administration Regulations allows an administering authority to recover additional costs from a scheme employer where, in its opinion, the co...

Regulatory Framework. The regulatory framework applicable to pre-accession assistance, to be observed in the implementation of the programme, includes inter alia: a.) Council Regulation (EC EURATOM) No 1605/2002 of 25 June 20021 , on the Financial Regulation applicable to the general budget of the European Communities, hereinafter referred to as "the Financial Regulation"; b.) Council Regulation (EC) No 1085/2006 of 17 July 2006, establishing an Instrument for Pre-Accession Assistance (IPA)2; c.) Commission Regulation (EC, EURATOM) No 2342/2002 of 23 December 20023, laying down detailed rules for the implementation of the financial regulation, hereinafter referred to as the "Implementing Rules of the Financial Regulation"; d.) Commission Regulation (EC) No 718/2007 of 12 June 20074 implementing Council Regulation (EC) No 1085/2006; e.) Commission Decision C(2007){NUMBER} of {DATE) adopting the multi- annual operational programme {PROGRAMME TITLE} in {COUNTRY}, and any amendments thereto, as may be decided by the Commission until the final closure of the programme; 1 OJ L 248, 16.9.2002, p.1 2 OJ L 210, 31.7.2006, p.82 3 OJ L 357, 31.12.2002, p.1 4 OJ L 170, 29.6.2007, p 1 f.) Commission Decision C(2008) {NUMBER} of {DATE} conferring management powers on {COUNTRY} concerning the management of the programme, and any amendments thereto as may be decided by the Commission until the final closure of the programme.

Regulatory Framework. Notwithstanding anything to the contrary in this Consortium Agreement, all of IARC’s actions, obligations, and undertakings within and for the purpose of the Project shall be conducted, pursuant to the terms of this Consortium Agreement, subject always to IARC/WHO’s statute, regulations, rules, policies and procedures, as adopted by its governing bodies (the “IARC/WHO Regulatory Framework”).

Regulatory Framework. 13. The accession of Bulgaria to the European Union in 2007 and its participation in the nCADREAC Agreement has facilitated the establishment of EU standards of drug regulation. The implementation of the Medicinal Products in Human Medicine Act (MPHMA) 10 has been instrumental in this. The law was drafted in 2007 to align the Bulgarian regulatory framework with European standards, but has since undergone 20 amendments. The scope of the MPHMA is broad, covering the role and responsibilities of the Bulgarian Drug Agency (BDA) as regulatory body dealing with medicinal products marketing authorizations, distribution, import, advertising etc., as well as provisions relating to the pricing of prescription and over-the-counter (OTC) medicines11 and the establishment and maintenance of the Positive Drug List (PDL). For product registration it provides for centralized, decentralized and national procedures. 14. In addition to the MPHMA and the various amendments to it, the sector is also subject to a significant number or other laws and ordinances. Of particular relevance are:  Health Law (1 January 2005);  Health Facilities Law (5 July 1999);  Ordinance on the Terms, Rules and Procedure for Regulation and Registration of Prices for Medicinal Products (30 April 2013);  Ordinance № 4 on the terms and conditions for prescribing and dispensing of medicines (4 March 2009);  Ordinance No 10 on the terms and conditions for payment of medicinal products, dietary foods under Art. 262, para 6, part 1 of the MPHMA as well as medicinal products for health-related activities under Art. 82, para 2, part 3 of the Health Act (24 March 2009);  Ordinance № 28 on the structure, terms and conditions of work of the pharmacies and nomenclature of medicinal products (9 December 2008);  Ordinance № 34 on the terms and conditions for payment from the state budget for the treatment of diseases outside the scope of mandatory health insurance (25 November 2005);  Ordinance № 38 defining the list of diseases for which medicines, medical devices and dietary foods for outpatient treatment fully or partially paid for by the NHIF (16 November 2004);  Ordinance № 39 on the principles and requirements of Good Distribution Practice (13 September 2007); and  Ordinance № 40 for determining the basic package of health services guaranteed by the NHIF budget (24 November 2004), 9 ▇▇▇▇▇ ▇ et al. Pharmaceutical Health Information System (PHIS) Pharma Profile, Bulgaria 2010. 10 Medicinal Products ...

Regulatory Framework. SECTION A

Regulatory Framework. Within the framework of the Law and Directive, the Pro-choice chrimatistiriaki ltd has established an Order Execution Policy and takes all reasonable measures to obtain the best possible result for its clients when executing their orders in financial instruments, when receiving and transmitting their orders for execution to third parties.