Market emergency definition
Market emergency means any abnormal disruption of any market for petroleum products … or any actual or threatened increase in the price of petroleum products or heating fuel products resulting from severe weather, convulsion of nature, supply manipulation, failure or shortage of electric power or other source of energy, strike, civil disorder, act of war, terrorist attack, national or local emergency, or other extraordinary adverse circumstances.” V.T. Stat. Ann. §2461d(a)(1)
Market emergency means any declaration of a state of emergency by the governor
Examples of Market emergency in a sentence
They shall apply until the last day of the period for which the Single Market emergency mode remains active, unless amended or repealed in accordance with paragraph 5.