en

shortage clause

1

Terminological databases

EKI terminibaas Esterm

ID 695580 Last modified 30.12.2004
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Domain terms and phraseological elements particular to legal languagecustoms
shortage penalty clause preferred
  • penalty clause - a clause in a legal instrument providing for the assessment of a penalty under certain stated conditions
  • shortage - deficiency in quantity; the amount by which a sum of money, a supply of goods, or the like, is deficient
shortage penalty clause preferred
Usage examples
  • Shortage penalty clause. GENERAL PROVISIONS. Article 6 Where, for one or more products, the conditions referred to in Article 16 of Regulation (EEC) No 1766/92 and in Article 17 of Regulation (EEC) No 1418/76 are met, the following measures may be taken by the Commission: (a) application of an export tax. This tax shall be fixed by the Commission once per week. It may be varied depending on the destination; (b) total or partial suspension of the issuing of export licences; (c) total or partial rejection of pending export licence applications.

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