Common use of MAJOR AUTHORITY Clause in Contracts

MAJOR AUTHORITY. Section 4 (1) We are concerned as to the short time for the change in major authority in (1)(b) and (c). See Preliminary Comments above. (a) The provision that the major authority maintains jurisdiction in respect of matters pending before it is vague. We suggest that these matters be specified to be matters as to which an application has been made to the major authority or the major authority has commenced an enforcement action. Other matters which could be considered to be pending are matters as to which a member complaint has been received, information has been requested by the major authority or a demand for compliance has been made.

Appears in 1 contract

Samples: Multi Jurisdictional Agreement

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