TECA definition
Examples of TECA in a sentence
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If Jersey participates in the TECA then it will govern the relationship between Jersey and the EU principally in relation to: • trade in goods, including customs tariff and procedures, as well as certain recognition of regulatory standards in relation to agricultural and manufactured goods[1]; and, • the exploitation of maritime resources in Jersey’s territorial waters.
This Contract may be terminated by Subscriber upon 60 days prior written notice to TECA, provided that, (i) such written notice is accompanied by a payment equal to thirty five percent of the monthly fees remaining between the effective date of cancellation and the date the Services term would have otherwise expired; and (ii) termination of this Contract shall not excuse Subscriber’s obligation to make payment for any Services already provided by TECA.
The territorial application clause in the TECA recognises that the CDs have separate competent authorities that are responsible for implementing customs or regulatory controls in the respective Islands.
TECA shall provide vendor-specified and appropriate operating system equipment and environments at its facilities, with networking capabilities (the “Recovery System”), equal to or better than (including equipment quality and processing capacity) the Recovery System Configuration described in the Schedule(s) in all material respects, to be provided to Subscriber at the Recovery System location identified in the Schedule(s).
In constitutional terms, the UK is of course responsible for Jersey’s formal international relations, and has therefore negotiated, on Jersey’s behalf, the terms of the Island’s participation (if agreed) in the TECA.
At the time of signing the TECA, the UK and EU will publish a declaration containing this wording of the commitment, should the States Assembly consent to participate in the deal as a whole.
As a condition of inclusion within the Customs chapter of the TECA, the EU accepted the joint Channel Islands offer to collaborate to establish future AIC provisions under a separate arrangement with the EU.
As is the constitutional convention for all international treaties, the TECA can only be extended to include Jersey if the Island provides its express consent.
The Trade & Economic Cooperation Agreement (TECA) is the legally binding agreement which will set out the basis for the UK and EU’s future trading relationship.