Enabling clause

Enabling clause

In 1979, as part of the Tokyo Round of the General Agreement on Tariffs and Trade (GATT), the enabling cause was adopted in order to provide a legal basis for extending the Generalized System of Preferences (GSP) beyond the original 10 years. In practice it gave a permanent validity to the GSP. The enabling clause permits developed countries to discriminate between different categories of trading partner (in particular, between developed, developing and least developed countries) which would otherwise violate Article I of the GATT which stipulates that no GATT contracting party must be treated worse than any other (this is known as Most Favoured Nation treatment). In effect, this allows developed countries to give preferential treatment to poorer countries, particularly to least developed countries.

ource

Nigel Grimwade, International Trade Policy: a contemporary analysis (London 1996)


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • enabling clause — n. A clause in a statute that gives the proper officials the power to enforce it. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. enabling clause A pro …   Law dictionary

  • enabling clause — ➔ clause * * * enabling clause UK US noun [C] ► LAW the section of a formal agreement, a law, etc., that gives someone legal authority to do something: »There is an enabling clause in the contract that states that the company has the right to… …   Financial and business terms

  • enabling clause — noun a provision in a law that confers on appropriate officials the power to implement or enforce the law • Syn: ↑enabling act • Topics: ↑law, ↑jurisprudence • Hypernyms: ↑legislative act, ↑statute …   Useful english dictionary

  • enabling clause — That portion of a statute or constitution which gives to governmental officials the power and authority to put it into effect and to enforce such. See enacting clause enforcement powers …   Black's law dictionary

  • enabling clause — That portion of a statute or constitution which gives to governmental officials the power and authority to put it into effect and to enforce such. See enacting clause enforcement powers …   Black's law dictionary

  • clause — [klɔːz ǁ klɒːz] noun [countable] LAW COMMERCE a part of a written law, contract, or legal document that deals with a particular item or subject: • Clause 12 enables the Secretary of State to make orders to protect pension rights. asˈsignment… …   Financial and business terms

  • enabling statute — Term applied to any statute enabling persons or corporations, or agencies to do what before they could not. It is applied to statutes which confer new powers. See also enabling clause. The English Act of 32 Henry VIII, c. 28, by which tenants in… …   Black's law dictionary

  • enabling statute — Term applied to any statute enabling persons or corporations, or agencies to do what before they could not. It is applied to statutes which confer new powers. See also enabling clause. The English Act of 32 Henry VIII, c. 28, by which tenants in… …   Black's law dictionary

  • enabling act — noun a provision in a law that confers on appropriate officials the power to implement or enforce the law (Freq. 1) • Syn: ↑enabling clause • Topics: ↑law, ↑jurisprudence • Hypernyms: ↑legislative act, ↑ …   Useful english dictionary

  • Enabling act — An enabling act is a piece of legislation by which a legislature grants an entity which depends on it for authorization or legitimacy to take a certain action(s). It is important not to confuse enabling acts from different times and places, since …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”