Sunset clauses can help the general public in a few ways. What may be the most common is when a government body writes a provision into law that benefits the public during a certain period of time, usually during a period of specific party power. When the power dynamic shifts, the claus...
This Note argues that sunset clauses in tax legis-lation can be made more efficient by limiting both the occasions in which sunsets are employed as well as the procedures used to implement them. First, sunsets should only be used in conjunction with certain kinds of tax incentives: The in...
The tax increase legislation included a sunset clause requiring renewal to prevent the tax increase from expiring. Sunset The region where the sun sets; the west. Sunset To phase out. We’ll be sunsetting version 1.9 of the software shortly after releasing version 2.0 next quarter. Sunset The ...
Sunset Provision or Clause:A sunset provision is a measure within a regulation or a law or a statute which repeals such a law or makes it ineffective after a given period of time. It would require a further legislation after that date to extend the law. While most laws do not have ...
Borrower shall use the proceeds from the Revolving Facility and the Term Loan only for the purposes set forth in the first "WHEREAS" clause of this Agreement. 6.12 Collateral Documents; Security Interest in Collateral Obligors shall (i) execute, obtain, deliver, file, register and/or record an...
However, Clause (vii) of Annexure II of the Rules provides, inter alia, factors which may be taken into consideration viz.: a) A significant rate of increase of dumped imports into India indicating the likelihood of substantially increased importation;...