Common use of FUNCTIONS OF THE JOINT COMMITTEE Clause in Contracts

FUNCTIONS OF THE JOINT COMMITTEE. 1. The Joint Committee shall administer this Agreement and shall ensure its proper implementation. 2. The Joint Committee may decide to adopt a new Annex or to amend an existing Annex to this Agreement. 3. The Joint Committee shall discuss amendments to the Articles of this Agreement proposed by one of the Parties. If the Joint Committee agrees to the proposal, it shall submit the proposal to the Parties for adoption according to their respective internal procedures. 4. Upon a request made pursuant to Article 10(3), the Joint Committee shall hold an exchange of views on the proposed legislation, in particular on whether it would result in the respective Party's ETS no longer meeting the criteria set out in the Annexes. 5. Upon suspension of, or prior to the notification of termination of this Agreement in accordance with Articles 15 and 16, the Joint Committee shall hold an exchange of views and shall aim to find agreement to end the suspension or prevent the termination. 6. The Joint Committee shall aim to settle disputes referred to it by the Parties in line with Article 14. 7. The Joint Committee shall conduct periodic reviews of this Agreement in light of any major developments in either ETS, including on market oversight or the commencement of a new trading period, in order to ensure in particular that the linking is not under- mining either Party's domestic emissions reductions targets or the integrity and orderly functioning of their carbon markets. 8. The functions of the Joint Committee shall be limited to those set out in this Agreement.

Appears in 2 contracts

Samples: Agreement Between the European Union and the Swiss Confederation on the Linking of Their Greenhouse Gas Emissions Trading Systems, Agreement Between the European Union and the Swiss Confederation on the Linking of Their Greenhouse Gas Emissions Trading Systems

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FUNCTIONS OF THE JOINT COMMITTEE. 1. The Joint Committee shall administer this Agreement and shall ensure its proper implementation. 2. The Joint Committee may decide to adopt a new Annex or to amend an existing Annex to this Agreement. 3. The Joint Committee shall discuss amendments to the Articles of this Agreement proposed by one of the Parties. If the Joint Committee agrees to the proposal, it shall submit the proposal to the Parties for adoption according to their respective internal procedures. 4. Upon a request made pursuant to Article 10(3), the Joint Committee shall hold an exchange of views on the proposed legislation, in particular on whether it would result in the respective Party's ETS no longer meeting the criteria set out in the Annexes. 5. Upon suspension of, or prior to the notification of termination of this Agreement in accordance with Articles 15 and 16, the Joint Committee shall hold an exchange of views and shall aim to find agreement to end the suspension or prevent the termination. 6. The Joint Committee shall aim to settle disputes referred to it by the Parties in line with Article 14. 7. The Joint Committee shall conduct periodic reviews of this Agreement in light of any major developments in either ETS, including on market oversight or the commencement of a new trading period, in order to ensure in particular that the linking is not under- mining undermining either Party's domestic emissions reductions targets or the integrity and orderly functioning of their carbon markets. 8. The functions of the Joint Committee shall be limited to those set out in this Agreement.

Appears in 2 contracts

Samples: Agreement on the Linking of Greenhouse Gas Emissions Trading Systems, Agreement on the Linking of Greenhouse Gas Emissions Trading Systems

FUNCTIONS OF THE JOINT COMMITTEE. 1. The Joint Committee shall administer this Agreement and shall ensure its proper implementation. 2. The Joint Committee may decide to adopt a new Annex or to amend an existing Annex to this Agreement. 3. The Joint Committee shall discuss amendments to the Articles of this Agreement proposed by one of the Parties. If the Joint Committee agrees to the proposal, it shall submit the proposal to the Parties for adoption according to their respective internal procedures. 4. Upon a request made pursuant to Article 10(3), the Joint Committee shall hold an exchange of views on the proposed legislation, in particular on whether it would result in the respective Party's ETS no longer meeting the criteria set out in the Annexes. 5. Upon suspension of, or prior to the notification of termination of this Agreement in accordance with Articles 15 and 16, the Joint Committee shall hold an exchange of views and shall aim to find agreement to end the suspension or prevent the termination. 6. The Joint Committee shall aim to settle disputes referred to it by the Parties in line with Article 14. 7. The Joint Committee shall conduct periodic reviews of this Agreement in light of any major developments in either ETS, including on market oversight or the commencement of a new trading period, in order to ensure in particular that the linking is not under- mining either Party's domestic emissions reductions targets or the integrity and orderly functioning of their carbon markets. 8. The functions of the Joint Committee shall be limited to those set out in this Agreement.. CHAPTER VII‌‌‌

Appears in 1 contract

Samples: Agreement Between the European Union and the Swiss Confederation on the Linking of Their Greenhouse Gas Emissions Trading Systems

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FUNCTIONS OF THE JOINT COMMITTEE. 1. The Joint Committee shall administer this Agreement and shall ensure its proper implementation. 2. The Joint Committee may decide to adopt a new Annex or to amend an existing Annex to this Agreement. 3. The Joint Committee shall discuss amendments to the Articles of this Agreement proposed by one of the Parties. If the Joint Committee agrees to the proposal, it shall submit the proposal to the Parties for adoption according to their respective internal procedures. 4. Upon a request made pursuant to Article 10(3), the Joint Committee shall hold an exchange of views on the proposed legislation, in particular on whether it would result in the respective Party's ETS no longer meeting the criteria set out in the Annexes. 5. Upon suspension of, or prior to the notification of termination of this Agreement in accordance with Articles 15 and 16, the Joint Committee shall hold an exchange of views and shall aim to find agreement to end the suspension or prevent the termination. 6. The Joint Committee shall aim to settle disputes referred to it by the Parties in line with Article 14. 7. The Joint Committee shall conduct periodic reviews of this Agreement in light of any major developments in either ETS, including on market oversight or the commencement of a new trading period, in order to ensure in particular that the linking is not under- mining undermining either Party's domestic emissions reductions targets or the integrity and orderly functioning of their carbon markets. 8. The functions of the Joint Committee shall be limited to those set out in this Agreement.. CHAPTER VII DISPUTE SETTLEMENT

Appears in 1 contract

Samples: Agreement Between the European Union and the Swiss Confederation on the Linking of Their Greenhouse Gas Emissions Trading Systems

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