Statutory standardisation Sample Clauses
The statutory standardisation clause establishes that certain terms or practices within the agreement will conform to standards set by relevant laws or regulations. In practice, this means that the parties agree to adopt definitions, procedures, or requirements as prescribed by statute, such as using government-mandated forms or adhering to industry-specific legal benchmarks. This clause ensures that the contract remains compliant with current legal requirements, reducing the risk of unenforceability or legal disputes due to non-conformity with statutory obligations.
Statutory standardisation. The value of provisions is added to the salary in accordance with the statutory valuation standards, and involved in the deductions applicable to the salary as stated in Article 9 of Chapter I.