Common use of Preservation of Regulatory Authority Clause in Contracts

Preservation of Regulatory Authority. 1 Each Party retains all authority under its laws to interpret and implement its mandatory requirements. 2 This Part shall not limit the authority of a Party to determine the level of protection it considers necessary for the protection of inter alia human health or safety, animal or plant life or health, or the environment. 3 This Part shall not limit the authority of a Party to take all appropriate measures whenever it ascertains that products may not conform with its mandatory requirements. Such measures may include withdrawing the products from the market, prohibiting their placement on the market, restricting their free movement, initiating a product recall, initiating legal proceedings or otherwise preventing the recurrence of such problems, including through a prohibition on imports. If a Party takes such measures, it shall notify the other Party within 15 days of taking the measures, giving its reasons.

Appears in 8 contracts

Samples: Agreement, Agreement, Agreement

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