Regulatory assurance definition

Regulatory assurance means an assurance issued by the department concerning enforcement relating to existing contamination or pollution on a property or site based on compliance with conditions stated in a letter of regulatory assurance. A regulatory assurance is not voidable under subsection 5.
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Regulatory assurance means an assurance issued by the department concerning
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Regulatory assurance means an assurance issued by NDDOH concerning enforcement relating to existing contamination based on compliance with stated conditions. A regulatory assurance is not voidable. A “responsibility exemption” means a partial or complete exemption from responsibility for remediation or further action on a contaminated property based on compliance with the conditions identified in a letter of no further remediation or a letter of no further action. A responsibility exemption is voidable only against a person that violates an institutional control or a condition of the letter or that is responsible for a new or additional release on the property. Generally, a responsible party who caused the contamination will not be eligible for a responsibility exemption; however, a subsequent property owner would be eligible to apply.
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Examples of Regulatory assurance in a sentence

  • DG DSA is authorised through the Charter to empower suitably qualified and experienced Crown servants to regulate HS&EP activity across Defence where: Defence has a disapplication, exemption or derogation from UK statutory requirement; no statutory requirement exists for aspecific Defence activity; Regulatory assurance is required for specific hazardous activities even though statutory requirements exist, and, for all activities undertaken overseas, unless these are covered by a host nation’s arrangements.

  • If the monarch is determined to not warrant listing by the USFWS, the Agreement may still provide multiple benefits to your organization, including but not limited to:  Regulatory assurance, in the event that a court decision could result in an immediate or expedited listing of monarch butterfly at a later date.

  • In 2012 an emerging theme was the presence of clubs and activities on Defence land which had escaped MOD Regulatory assurance.

  • Summary Regulatory assurance of compliance with standards provides an increased measure of safety across all modes of transportation.

  • Regulatory assurance engagements such as those on medical schemes and banks.

  • Regulatory assurance forms a central part of our wider assurance processes.

  • Regulatory assurance that stranded costs will not be disallowed would not only eliminate this potential barrier to implementation but would keep open for consideration the full range of technology options.

  • Regulatory assurance approach83.1 Assurance based approach83.2 Routine regulatory engagement103.3 Detail of viability assessment123.4 Assessment of value for money133.5 Reactive regulatory engagement133.6 Use of regulatory powers143.7 Requirements for smaller providers144.

  • Regulatory assurance forms a central part of this and is firmly embedded within our wider assurance processes.

Related to Regulatory assurance

  • Regulatory assets means the unamortized net regulatory assets that are capitalized or deferred on the regulatory books of the electric utility, pursuant to an order or practice of the public utilities commission or pursuant to generally accepted accounting principles as a result of a prior commission rate-making decision, and that would otherwise have been charged to expense as incurred or would not have been capitalized or otherwise deferred for future regulatory consideration absent commission action. "Regulatory assets" includes, but is not limited to, all deferred demand-side management costs; all deferred percentage of income payment plan arrears; post-in-service capitalized charges and assets recognized in connection with statement of financial accounting standards no. 109 (receivables from customers for income taxes); future nuclear decommissioning costs and fuel disposal costs as those costs have been determined by the commission in the electric utility's most recent rate or accounting application proceeding addressing such costs; the undepreciated costs of safety and radiation control equipment on nuclear generating plants owned or leased by an electric utility; and fuel costs currently deferred pursuant to the terms of one or more settlement agreements approved by the commission.

  • Quality Assurance means a systematic procedure for assessing the effectiveness, efficiency, and appropriateness of services.

  • Regulatory asset means an asset recorded on the books of an

  • Regulatory Services Provider means the organization which provides regulatory services to BSEF pursuant to a Regulatory Services Agreement.

  • Regulatory Services Agreement means the agreement between BSEF and the Regulatory Services Provider whereby the Regulatory Services Provider provides market surveillance and trade practice surveillance functions as well as other compliance related services to the SEF operated by BSEF.

  • Quality Assurance Plan or “QAP” shall have the meaning set forth in Clause 11.2;

  • Regulatory Agreement means the regulatory agreement between HPD and the Owner establishing certain controls upon the operation of the Exemption Area during the term of the Exemption.

  • Quality Assurance Program means the overall quality program and associated activities including the Department’s Quality Assurance, Design-Builder Quality Control, the Contract’s quality requirements for design and construction to assure compliance with Department Specifications and procedures.

  • Regulatory Agency means any federal or state agency charged with the supervision or regulation of depositary institutions or holding companies of depositary institutions, or engaged in the insurance of depositary institution deposits, or any court, administrative agency or commission or other authority, body or agency having supervisory or regulatory authority with respect to the Company or any of its subsidiaries.

  • Regulatory Agencies The Office of the Comptroller of the Currency; the Board of Governors of the Federal Reserve System; the Federal Deposit Insurance Corporation; the Federal Housing Finance Agency; the Securities and Exchange Commission; and the Department of Housing and Urban Development.

  • Regulatory Action means an administrative, regulatory, or judicial enforcement action, proceeding, investigation or inspection, FDA Form 483 notice of inspectional observation, warning letter, untitled letter, other notice of violation letter, recall, seizure, Section 305 notice or other similar written communication, injunction or consent decree, issued by the FDA or a federal or state court.

  • Regulatory Authority means any Governmental Authority that is concerned with the safety, efficacy, reliability, Manufacture, investigation, sale or marketing of pharmaceutical products, medical products, biologics or biopharmaceuticals, including the FDA and the Public Health Service.

  • Regulatory Requirement means any law, regulation or court order, or any rule, direction, guideline, code, notice or restriction (whether or not having the force of law) issued by any regulatory authority, governmental agency (including tax authority), clearing or settlement bank or exchange, or industry or self-regulatory body, whether in or outside Hong Kong, to which HKICL, we or any other Participant or the respective affiliates or group companies, or you are subject or are expected to comply with from time to time.

  • Regulatory Floodway means the channel of a river or other watercourse and the adjacent land areas that must be reserved in order to discharge the base flood without cumulatively increasing the water surface elevation more than a designated height.

  • Relevant Electric Retail Regulatory Authority means an entity that has jurisdiction over and establishes prices and policies for competition for providers of retail electric service to end- customers, such as the city council for a municipal utility, the governing board of a cooperative utility, the state public utility commission or any other such entity.

  • Public Procurement Regulatory Authority (PPRA) means the Government Agency responsible for oversight of public procurement.

  • Regulator means, with respect to any person, any Government Authority charged with regulating, supervising or examining such person and its Affiliates.

  • PJM Reliability Assurance Agreement means that certain Reliability Assurance Agreement Among Load Serving Entities in the PJM Region, on file with FERC as PJM Interconnection L.L.C. Rate Schedule FERC No. 44, and as amended from time to time thereafter. Schedule of Work:

  • Financial Conduct Authority means the registering authority for societies registered under the Co-operative and Community Benefit Societies Act 2014 and the Credit Unions Act 1979 set up in terms of the Financial Services Act 2012 or its successor body.

  • Regulatory Laws means any one or more of the following —

  • Regulatory Requirements means all applicable federal and state statutes, regulations, regulatory guidance, judicial or administrative rulings, requirements of Governmental Contracts and standards and requirements of any accrediting or certifying organization, including, but not limited to, the requirements set forth in a Product Attachment.