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sunset clause

   Also found in: Legal, Wikipedia 0.01 sec.
Sunset Clause
A clause in a law or regulation automatically abolishing that law or regulation after a stated period of time. In order for the law or regulation to continue to have effect, specific action must be taken. A law or regulation without a sunset clause continues indefinitely. The U.S. state of Texas has sunset clauses abolishing nearly every state agency every 12 years unless they are specifically renewed.

sunset clause

A provision in a sales contract that sets a date for closing and after which the contract will be unenforceable except for provisions related to damages or earnest money refund or retention.



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But Vaughn from Unite for Strength countered that the sunset clause guarantees that new-media provisions will be renegotiated in 2011.
He said he was happy to consider a sunset clause in principle.
Earlier this month, the House favored making the tax permanent in voting 64-25 to remove a sunset clause that would end the tax.
 
 
 
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