Common use of Duration and revocation of decisions applying Clause in Contracts

Duration and revocation of decisions applying. Article 53(3) of the EEA Agreement in the air transport sector (Regulation (EEC) No 3975/87) (a) where there has been a change in any of the facts which were basic to the making of the decision; (b) where the parties commit a breach of any obligation attached to the decision; (c) where the decision is based on incorrect information or was induced by deceit; or (d) where the parties abuse the exemption from the provisions of Article 53 (1) granted to them by the decision. In cases falling within (b), (c) or (d), the decision may be revoked with retroactive effect. The following provision continues to apply to decisions applying Article 53(3) of the EEA Agreement according to former Chapter II of Part I until the date of expiration of those decisions: The EFTA Surveillance Authority may revoke or amend its decision or prohibit specified acts by the parties: (a) where there has been a change in any of the facts which were basic to the making of the decision; (b) where the parties commit a breach of any obligation attached to the decision; (c) where the decision is based on incorrect information or was induced by deceit; or (d) where the parties abuse the exemption from the provisions of Article 53 (1) granted to them by the decision. In cases falling within (b), (c) or (d), the decision may be revoked with retroactive effect.

Duration and revocation of decisions applying. Article 53(3) 5 of the act referred to in point 10 of Annex XIV to the EEA Agreement in the air transport sector (Regulation (EEC) No 3975/871017/68) (a) where there has been a change in any of the facts which were basic to the making of the decision; (b) where the parties commit a breach of any obligation attached to the decision; (c) where the decision is based on incorrect information or was induced by deceit; or; (d) where the parties abuse the exemption from the provisions of Article 53 (1) 2 of the said act granted to them by the decision. In cases falling within (b), (c) or (d), the decision may be revoked with retroactive effect. The following provision continues to apply to decisions applying Article 53(3) of the EEA Agreement to maritime transport according to former Chapter II IX of Part I II until the date of expiration of those decisions: The EFTA Surveillance Authority may revoke or amend its decision or prohibit specified acts by the parties: (a) where there has been a change in any of the facts which were basic to the making of the decision; (b) where the parties commit a breach of any obligation attached to the decision; (c) where the decision is based on incorrect information or was induced by deceit; or (d) where the parties abuse the exemption from the provisions of Article 53 (1) granted to them by the decision. In cases falling within (b), (c) or (d), the decision may be revoked with retroactive effect.