Unilateral recognition definition

Unilateral recognition means that a Party on its own accord without requiring reciprocal treatment from the other Party:
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Unilateral recognition means that a Party on its own accord without requiring reciprocal treatment from the other Party: (a) accepts the mandatory requirements of the other Party as producing outcomes equivalent to those produced by its own corresponding mandatory requirements; (b) accepts the conformity assessment results of the other Party to demonstrate conformity of products and/or manufacturers with its mandatory requirements; or (c) accepts the standards of the other Party as equivalent to its own corresponding standards. The Product Chapters may provide for unilateral recognition of products and/or assessments of manufacturers of products which are in compliance with the exporting Party’s mandatory requirements and are intended by that Party for export only and not for domestic supply or use.
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Examples of Unilateral recognition in a sentence

  • The mecha- nism for identifying such laboratories should be one or more of the following depending on the risk assessment regarding failure of the product:• Accreditation to ISO/IEC 17025;• Designation by the regulatory authorities;• Unilateral recognition of laboratory results by the regulatory authorities;• Acceptance of results from accredited foreign laboratories even though they may not be designated;• Acceptance of international test certificates such as OIML or IEC CB scheme.

  • Licht, Stock Exchange Mobility, Unilateral recognition, and the Privatization of Securities Regulation, 41 Va. J.

  • These are one way of reducing transaction costs;• Unilateral recognition: whereby a party seeks in its domestic law to unilaterally recognise the standards and regimes of other jurisdictions whose regimes meet its essential safety, health and environmental requirements;• Reciprocal recognition of equivalence of regulatory measures, where appropriate; and• Tailored formal arrangements: that recognise and work with the strengths of the institutional and regulatory regimes in each jurisdiction.

  • Unilateral recognition does not require reciprocity on the part of the foreign regulator with respect to intermediaries from the local country conducting business in the foreign jurisdiction.

  • Unilateral and Mutual Recognition Unilateral recognition conducted on an ad-hoc basis has long been the norm for professional wishing to practice across borders.

  • Unilateral recognition does not require negotiation or permission from the country generating the assessment or issuing the decision, and implies but does not necessarily require formal harmonization.

  • Unilateral recognition of a PSPB – A series of Israeli moves, either unilateral or coordinated with third parties, aimed at upgrading the political status of the PA to the level of a "Palestinian State with Provisional Borders".

  • Unilateral recognition by New Zealand regulators (where there is confidence in the exporting jurisdiction’s regulatory regime and accreditation of conformity assessment bodies) can provide a least-cost way to meet New Zealand’s aims that products are safe and fit-for-purpose.

Related to Unilateral recognition

  • Unilateral Change Order (ULCO means a Change Order issued by Owner without the complete agreement of Contractor, as to cost and/or time.

  • financial recovery plan means a plan prepared in terms of section 141 of the MFMA

  • Investment Strategy Modification means with respect to an Investment Strategy, the Portfolio Administrator makes operational adjustments to the Investment Strategy to ensure that, so far as possible, the basic principles and economic effect of the Investment Strategy are maintained or any material modification to the Investment Strategy or its implementation by the Portfolio Administrator.

  • Program change means any elimination, curtailment or reorganization of a curriculum offering, program or school operation or a reorganization or closing of a school or consolidation of two or more individual schools or school districts that is unrelated to financial exigency.

  • Substantial modification means modification of a relevant source that results in a significant increase in emissions, excluding any change in emissions resulting from by-product recovery. It shall be a matter for the Party to decide whether a modification is substantial or not;

  • Root Cause Analysis means a method of problem solving designed to identify the underlying causes of a problem. The focus of a root cause analysis is on systems, processes, and outcomes that require change to reduce the risk of harm.

  • Major modification means any physical change in or change in the method of operation of a major stationary source that would result in a significant emissions increase of a regulated NSR pollutant and a significant net emissions increase of that pollutant from the major stationary source.

  • Basic Terms Modification means any proposal:

  • Implementation Grant means payments towards Recurrent Expenditure incurred for the establishment of the Academy prior to it opening.

  • Significant Modification As defined in Section 3.25.

  • Recognition Agreement With respect to any Cooperative Loan, an agreement between the Cooperative Corporation and the originator of such Mortgage Loan which establishes the rights of such originator in the Cooperative Property.

  • Material Modification means any modification to an Interconnection Request that has a material adverse effect on the cost or timing of Interconnection Studies related to, or any Network Upgrades or Local Upgrades needed to accommodate, any Interconnection Request with a later Queue Position.

  • PAL major modification means, notwithstanding the definitions for major modification and net emissions increase in 326 IAC 2-2-1, any physical change in or change in the method of operation of the PAL source that causes it to emit the PAL pollutant at a level equal to or greater than the PAL.

  • Contract Modification means any changes in the terms or provisions of the Contract which are reduced to writing and fully executed by both parties.

  • Enhancement Agreement means any agreement, instrument or document governing the terms of any Series Enhancement or pursuant to which any Series Enhancement is issued or outstanding.

  • Assignment of Recognition Agreement With respect to a Cooperative Loan, an assignment of the Recognition Agreement sufficient under the laws of the jurisdiction wherein the related Cooperative Unit is located to reflect the assignment of such Recognition Agreement.

  • Network plan means a policy of group health insurance offered by an insurer under which the financing and delivery of medical care, including items and services paid for as medical care, are provided, in whole or in part, through a defined set of providers under contract with the insurer. The term does not include an arrangement for the financing of premiums.

  • Service Change has the meaning set forth in Section 2(B) of the Agreement.

  • Permit modification means a revision to a Title V operating permit that cannot be accomplished under the provisions for administrative permit amendments found at rule 567—22.111(455B). A permit modification for purposes of the acid rain portion of the permit shall be governed by the regulations pertaining to acid rain found at rules 567—22.120(455B) to 567—22.147(455B). This definition of “permit modification” shall be used solely for purposes of this chapter governing Title V operating permits.

  • Network Termination Point (NTP) means the physical point at which a subscriber is provided with access to a public communications network; in the case of networks involving switching or routing, the NTP is identified by means of a specific network address, which may be linked to a subscriber number or name;

  • Disaster Recovery Plan means has the meaning set out in paragraph 1.2.3 of schedule 4 (Disaster Recovery and Business Continuity);

  • Program Plan means the tobacco settlement program plan dated February 14, 2001, including exhibits to the program plan, submitted by the authority to the legislative council and the executive council, to provide the state with a secure and stable source of funding for the purposes designated by section 12E.3A and other provisions of this chapter.

  • CREFC® Modification Posting Instructions Template A report substantially in the form of, and containing the information called for in, the downloadable form of the “Modification Posting Instructions Template” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

  • Minor modification means a modification that does not significantly alter the nongovernmental function or purpose of the software or is of the type customarily provided in the commercial marketplace.

  • Root Cause Analysis Report means a report addressing a problem or non-conformance, in order to get to the ‘root cause’ of the problem, which thereby assists in correcting or eliminating the cause, and prevent the problem from recurring.

  • Statewide special election means a special election called by the governor or the