sunset clause — noun A clause in a law, contract, etc that stipulates that the agreement will become invalid after a certain period of time • • • Main Entry: ↑sun * * * ˈsunset provision 8 [sunset provision] (also … Useful english dictionary
sunset clause — UK US noun [C] (also sunset provision) LAW ► part of a law or contract that states when it will end, or the conditions under which it will end: »A sunset clause in the bill called for the tax cuts to expire in 2010. »The Pension Board has… … Financial and business terms
sunset clause — /ˈsʌnsɛt klɔz/ (say sunset klawz) noun a clause in a bill which terminates the act or brings it up for review at the end of a specified period …
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
sunset provision — UK US noun [C] LAW ► SUNSET CLAUSE(Cf. ↑sunset clause) … Financial and business terms
sunset provision — UK US noun [countable] [singular sunset provision plural sunset provisions] a condition that states that a plan or agreement will automatically end after a particular period of time unless special arrangements are made for it to continue… … Useful english dictionary
Sunset provision — In public policy, a sunset provision or sunset clause is a provision in a statute or regulation that terminates or repeals all or portions of the law after a specific date, unless further legislative action is taken to extend it. Most laws do not … Wikipedia
sunset — noun /ˈsʌnˌsɛt/ a) The time of day when the sun disappears below the western horizon. ones sunset years b) The changes in color of the sky at sunset. The tax in … Wiktionary
sunset legislation — /sʌnsɛt lɛdʒəsˈleɪʃən/ (say sunset lejuhs layshuhn) noun US legislation which includes a sunset clause, especially to ensure a reappraisal of the functions and effectiveness of a government authority …
Sunset Provision — A clause in a statute, regulation or similar piece of legislation that provides for an automatic repeal of the entire or sections of a law once a specific date is reached. Once the sunset provision date is reached, the pieces of legislation… … Investment dictionary