Policy, Legal and Regulatory Reforms Sample Clauses

The 'Policy, Legal and Regulatory Reforms' clause outlines the parties' obligations to comply with, adapt to, or support changes in relevant laws, regulations, or government policies that may affect the agreement. In practice, this clause may require parties to update their practices, obtain new permits, or modify contractual terms if there are changes in the legal or regulatory environment. Its core function is to ensure that the agreement remains valid and enforceable despite evolving legal frameworks, thereby reducing the risk of non-compliance and facilitating smooth adaptation to new requirements.
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Policy, Legal and Regulatory Reforms. The Parties shall agree in writing to any applicable policy, legal and regulatory reforms for each activity of the ACFD Project as activities are identified.
Policy, Legal and Regulatory Reforms. In addition to Section 8.1 of the Compact, the Parties have identified the following policy, legal, regulatory, and institutional reforms and actions that the Government will pursue in support of the Project. MCC and the Government agree that two key requirements for improvement of the electricity sector are (i) the creation of an independent electricity sector regulator, and (ii) passage of a new law for electricity sector regulation, which will grant the regulator the authority to license sector operators, provide operating certificates, set rates in the public interest, and make rules for transparent sector operations. Technical assistance for the proposed regulator and for the Ministry of Energy will be dependent upon passage of legislation creating the regulator and providing the regulator with the appropriate authorities
Policy, Legal and Regulatory Reforms. The Government will continue institutional reforms and initiatives aimed at sustainable water resource management that would support the development of the Integrated Water Resource Management plans prepared and financed pursuant to this Compact. The Government will exercise its best efforts to ensure compliance of all stakeholders with their obligations as set out in the various Cahier de Charges relevant to the Di irrigation perimeter. If such stakeholders fail to fulfill those obligations with respect to operation and maintenance of the irrigation system, the Government shall ensure that such operation and maintenance is performed in any event. The Government will put in place in the Sourou Valley region adequate health infrastructure, and will deploy the necessary staff to ensure proper functioning of this infrastructure, in conformity with the standards of the National Health Service Plan (Plan de Developpement Sanitaire) in use in Burkina Faso. In addition, the implementation by the Government, to the satisfaction of MCC in its discretion, of the policy, legal and regulatory reform described below shall be conditions precedent to specified Disbursements: the Government will ensure the availability of funds and provide a timeline acceptable to MCC for the construction of identified agriculture access roads in the vicinity of the Di perimeter: (a) ▇▇ - ▇▇▇▇▇ - Ourokou - Poro - Dono, and (b) Dono - Niassari - Bouna.
Policy, Legal and Regulatory Reforms. In support of the Off-Grid Electricity Access Project, and in addition to the conditions set forth in Annex VI, MCA-Benin II will adopt the OCEF Operations Manual.
Policy, Legal and Regulatory Reforms. The implementation by the Government of the policy, legal and regulatory reforms described below, satisfactory to MCC, shall be conditions precedent to certain Disbursements. (a) The Government shall have committed to funding the recurrent costs of the NCDI program following the expiration of the Compact Term. (b) The Government shall have committed to taking necessary steps to ensure that the recurrent costs for screening and disease management activities for low-income people are covered by the Government following the expiration of the Compact Term.
Policy, Legal and Regulatory Reforms. The Government will implement the policy, legal and regulatory reforms described below. (a) The Government will ensure the nomination by MEBA of a BRIGHT 2 Schools Project Coordinator and Coordination Team, and shall ensure that a BRIGHT 2 Schools Project Coordinator and Coordination Team are in place for the duration of the Project. (b) The Government will provide an annual budget allocation, in accordance with Section 2.6(c) of the Compact, to MEBA for teacher salaries and other recurrent costs for the existing 132 BRIGHT schools (including classrooms and other facilities funded under the BRIGHT 2 Schools Project).
Policy, Legal and Regulatory Reforms. A number of important policy and institutional reforms will be required to modernize the energy sector. The Energy Project aims to build upon a reform agenda already supported by a number of sector stakeholders including the GoN, the WB, the EU, USAID and the African Development Bank (“AfDB”). The Parties have agreed to the following policy, legal, regulatory, and institutional reforms and actions that the Government will pursue in support, and to reach the full benefits of the Energy Project: (i) the Government will pass an electricity law that incorporates the development of a regulatory unit followed by the creation of an independent regulatory agency over a three year period; (ii) the Government will select a management arrangement for LEC, using the management options study as an input to that decision, and adopt and implement a management implementation plan to carry out the selected management arrangement; (iii) the Government will strengthen the planning and execution functions of MLME; and (iv) the Government will establish or strengthen gender, social, and environmental units and their planning capacity within MLME and LEC.
Policy, Legal and Regulatory Reforms. In addition to Section 8.1(a), the Parties have identified the following policy, legal, regulatory and institutional reforms and actions that the Government will pursue in support of the Project: (i) The Government will, in form and substance satisfactory to MCC, enable autonomous school management for Activity-supported schools. MCC envisions that such autonomy will include: (A) enhanced transparency and improved representativeness of school management committees; (B) permission for each school to manage a discretionary budget to implement its School Improvement Plan; and (C) the ability of schools to enter into partnership agreements. (ii) The Government will pass a law reforming continuing education and training (formation continue) including its financing and management. (iii) The Ministry of National Education and Vocational Training will conduct an annual TVET sector policy and performance review to: (A) discuss and publish sector-wide monitoring and evaluation reports; (B) discuss performance and lessons learned from Activity implementation; and (C) draw policy and financing recommendations.
Policy, Legal and Regulatory Reforms. The Parties agree that implementation by the Government of the policy, legal and regulatory reforms described below in items (a) through (d) are necessary to fully achieve the objectives of the GP Project: (a) The Government agrees that the Ministry of Energy and Mineral Resources (“ESDM”), in collaboration with stakeholders in the private sector and NGOs shall develop and adopt a feed-in-tariff (“FIT”) applicable to biomass, solar and other renewable energy projects (non-hydro renewable energy projects). The FIT shall provide a reasonable incentive for independent power producers to develop and sell power to PLN. ESDM and PLN shall adopt and put in place any legal and institutional framework necessary to implement the FIT. (b) The Government agrees to the issuance of the relevant decrees/regulations for the implementation of the Electricity Law of 2009 (Law 30/2009) in order to create the conditions for assistance to any on-grid renewable energy project. (c) PLN shall issue the following (i) standard, transparent procedures for structuring and executing transactions involving independent power producers, (ii) a standard bankable power purchase agreement for small-scale renewable power producers by technology type; and
Policy, Legal and Regulatory Reforms. The Parties have identified the following policy actions and legislative and regulatory reforms that the Government will pursue in support of the Transport Infrastructure Project to reach its full benefits. Satisfactory implementation of these reforms may be conditions precedent to certain MCC Disbursements as provided in the Disbursement Agreement: (a) The Government shall, in accordance with World Bank policy on involuntary resettlement, undertake consultations with land users in the Whitesands Road project area in order to establish appropriate locations for drainage lines and shall address any social issues and claims arising from such consultations to the satisfaction of MCC. Moreover, any required acquisition rights-of-way and any resettlement programs shall be amicably settled with compensation in accordance with World Bank policy on Involuntary Resettlement; (b) The Government shall ensure that an M&E Implementation Manual (“M&E Implementation Manual”), describing all data collection, reporting, and quality assurance mechanisms, must be submitted to and approved by MCC; (c) The Government will ensure completion of the Household Income and Expenditure Survey and collection of baseline data on all monitoring and evaluation indicators; (d) PWD shall establish commercially driven maintenance contracts with community representatives for basic routine maintenance activities for the following Infrastructure Subproject Activities: Efate Ring Road (with rural villages), Santo East Coast Road (with rural villages), Malekula Norsup Lakatoro Lits Lits Road, Pentecost North South Road, ▇▇▇▇▇ Whitesands Road, and Malo Roads. These maintenance contracts must be in effect prior to the commencement of the respective Infrastructure Subproject Activities; (e) The Government or the respective province shall develop a revenue collection mechanism and an implementation plan for the collection of wharf user fees and their application towards wharf maintenance. This shall be a condition precedent for initial disbursement of MCC Funding for the relevant Infrastructure Subproject Activity; (f) The Government will fund the mitigation and remediation costs related to the civil works component of the Transport Infrastructure Project as identified in the environmental management plans (“EMPs”) in excess of the budgeted amount in the Detailed Financial Plan for such costs; (g) The Government will ensure that a service performance contract is entered into between PWD and Ministry...