Reliant Authority definition

Reliant Authority means a Party that has recognized, designated or exempted a particular Regulated Entity or will recognize, designate or exempt a particular Regulated Entity, and that relies or will rely on the Lead Authority or Co-Lead Authorities for direct oversight of that Regulated Entity.
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Reliant Authority means a Party that relies on the lead authority or co-lead authorities to provide direct oversight of a designated benchmark, designated benchmark administrator and benchmark contributors in the manner prescribed in this MOU.
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Examples of Reliant Authority in a sentence

  • The Reliant Authority will report the findings of such direct oversight to the Lead Authority, Co-Lead Authorities and other Reliant Authority(s) as soon as practicable and no later than the time such findings are presented to the Regulated Entity.

  • Where a Lead Authority or Co-Lead Authorities are not able, or in their discretion determines that they will not examine such material concerns, the Reliant Authority may conduct direct oversight in respect of such concerns without the participation of the Lead Authority or Co-Lead Authorities.

  • Where the Lead Authority or Co-Lead Authorities undertake an examination based on the concerns of a Reliant Authority, the findings of such examination will be reported back to the Reliant Authority(s) as soon as practicable and no later than the time such findings are presented to the Regulated Entity.

  • The Lead Authority or Co-Lead Authorities retain the discretion to determine how to examine the concerns, and will notify the Reliant Authority of their intentions within a reasonable period of time.

  • A Reliant Authority may advise the Lead Authority or Co-Lead Authorities of a particular Regulated Entity that it has specific material concerns regarding the operations of the Regulated Entity and request that the Lead Authority or Co-Lead Authorities examine such concerns.

  • To the extent that a Reliant Authority conducts direct oversight of a Regulated Entity in a particular instance, the Reliant Authority may directly liaise and interact with the Regulated Entity, and with its Home Regulator if the Regulated Entity is a foreign- based Regulated Entity.

  • To the extent that a Reliant Authority conducts direct oversight of a Regulated Entity in a particular instance, the Reliant Authority may directly liaise and interact with the Regulated Entity, and with its Home Regulator if the Regulated Entity is a foreign-based Regulated Entity.

  • A Reliant Authority may advise the Lead Authority or Co-Lead Authorities of a particular Regulated Entity that it has specific material concerns regarding the operations of the Regulated Entity and request that the Lead Authority or Co- Lead Authorities examine such concerns.

Related to Reliant Authority

  • relevant authority means the authority of which M is a member;

  • Management Authority means a national management authority designated in accordance with Article IX;

  • Host Authority means the local authority appointed by the Parties under these arrangements to lead on a specified matter or function as set out in paragraphs 14 and 19.

  • Investment authority means the responsibility conferred by action of law or a provision of an appropriate governing instrument to make, select or change investments, review investment decisions made by others, or to provide investment advice or counsel to others;

  • Competent Authority and ‘Appellate Authority’ shall mean the following:

  • applicant authority means a competent administrative authority which has been designated by a Party for this purpose and which makes a request for assistance on the basis of this Protocol;

  • Development Authority means the New Jersey Schools

  • Contract Authority means the Board of Supervisors or the head of the department or agency presenting the proposed contract to the Board of Supervisors.

  • Port Authority means the Port Hedland Port Authority, being the body corporate established for the Port under the Port Authorities Act;

  • Government Authority means any relevant administrative, judicial, executive, legislative or other governmental entity, department, agency, commission, board, bureau or court, and any other regulatory or self-regulatory organizations, in any country or jurisdiction.

  • Airport Authority means any city or any public or private board or other body or organization chartered or otherwise established for the purpose of administering, operating or managing airports or related facilities, which in each case is an owner, administrator, operator or manager of one or more airports or related facilities.

  • Relevant Authorities means any governmental or statutory authority with the

  • Central Authority means the entity designated by the United States or a foreign country described in section 102(e)(iv) to perform the functions specified in the Convention.

  • medical authority means the medical authority as referred to in clause (p) of section 2 of the Persons with Disabilities (Equal Opportunities, Protection of Rights and Full Participation) Act, 1995 or such other medical authority as may, by notification, be specified by the Central Government for certifying “autism”, “cerebral palsy”, “multiple disabilities”, “person with disability” and “severe disability” referred to in clauses (a), (c), (h), (j) and (o) of section 2 of the National Trust for Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999;

  • Environmental Authority means any foreign, federal, state, local or regional government that exercises any form of jurisdiction or authority under any Environmental Requirement.

  • competent authorities means the competent authorities of the Member States as identified on the websites listed in Annex II;

  • Regional authority means the Director General of Foreign Trade appointed under section 6 of the Foreign Trade (Development and Regulation) Act, 1992 (22 of 1992) or an officer authorised by him to grant an authorisation including a duty credit scrip under the said Act.

  • local authority means the council of a municipality that is a city, town or shire constituted under the Local Government Xxx 0000;

  • national authority means an approval authority or any other authority involved in and responsible for market surveillance, border control or registration in a Member State in respect of vehicles, systems, components or separate technical units, parts or equipment;

  • Governmental Body means any government or governmental or regulatory body thereof, or political subdivision thereof, whether federal, state, local or foreign, or any agency, instrumentality or authority thereof, or any court or arbitrator (public or private).

  • Approval Authority means the authority of a Member State with competence for all aspects of the approval of a type of vehicle, system, component or separate technical unit or of the individual approval of a vehicle; for the authorisation process, for issuing and, if appropriate, withdrawing approval certificates; for acting as the contact point for the approval authorities of other Member States; for designating the technical services and for ensuring that the manufacturer meets his obligations regarding the conformity of production;

  • national competent authority means any national competent authority as defined in Article 2(2) of Regulation (EU) No 1024/2013;

  • Football Authority means each of the Premier League, The Football League, The Football Association, The Football Association of Wales, FIFA, UEFA and other relevant governing body of association football.

  • enforcement authority means any person or body having jurisdiction to enforce or to take action under or in respect of the relevant legal requirement.

  • Governmental Entity means any national, federal, state, municipal, local, territorial, foreign or other government or any department, commission, board, bureau, agency, regulatory authority or instrumentality thereof, or any court, judicial, administrative or arbitral body or public or private tribunal.

  • Government Authorities means, without limitation, all Government departments and agencies with responsibility for the import and export of goods, the collection of revenue on the import and export of goods and the transport of those goods to include, without limitation, Customs, AQIS, the ATO and the RSA;