Common use of Development of legislation Clause in Contracts

Development of legislation. 1. This Agreement is without prejudice to the right of each Party to amend or adopt legislation of relevance to this Agreement, including the right to adopt more stringent protective measures. 2. Where a Party is developing legislation in an area of relevance to this Agreement, it shall notify the other Party in writing in a timely manner. To this end, a process of regular exchange of information and consultation shall be set up by the Joint Committee.‌‌ 3. Following a notification pursuant to paragraph 2, either Party may request an exchange of views thereon within the Joint Committee under Article 13(4), in particular to assess whether the legislation would directly affect the criteria set out in Annex I.

Development of legislation. 1. This Agreement is without prejudice to the right of each Party to amend or adopt legislation of relevance to this Agreement, including the right to adopt more stringent protective measures. 2. Where a Party is developing legislation in an area of relevance to this Agreement, it shall notify the other Party in writing in a timely manner. To this end, a process of regular exchange of information and consultation shall be set up by the Joint Committee.‌‌Committee. 3. Following a notification pursuant to paragraph 2, either Party may request an exchange of views thereon within the Joint Committee under Article 13(4), in particular to assess whether the legislation would directly affect the criteria set out in Annex I.