Business Terms and Jargon Explained

What is Regulations - EU

Regulations are EC laws that are binding in their entirety across the EC and are directly applicable in all Member States. It is not necessary for Member States to enact their own legislation to put Regulations into effect, although domestic legislation may sometimes be necessary to remove inconsistent domestic law or to provide some domestic sanction for individuals who breach the terms of the Regulation. If a Member State has laws which conflict with a Regulation, the Regulation takes precedence.

Crown Copyright. Material taken from the DTI - Department for Trade and Industry. Reproduced under the terms and conditions of the Click-Use Licence.

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Office Of Export Batch production Kaizen
Woody Effective Exchange Rate Bad Debt Relief
End Use Dissolution CEO
Administration order Identity Verification Internal Auditing
N6 Civil Court form Automatic Stabilisers Deductible VAT
Quick wins Credit-Worthiness ETD
WTO Domicile Current Liability
Ex post facto Amortisation Baseline Security
Customs Duty Spoilage Dollar voting
Commodity Yankee market Ultra vires
Fleur de Coin BILL OF SALE Cost Center
N170 Civil Court form Raw Materials Web design agreement
LAN Late Registration Penalty Subscription Right

Term created / updated 2007-02-18 23:59:12

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