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sunset clause
(redirected from Sunset provision)

    Also found in: Medical, Legal, Encyclopedia, 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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Paterson, extends for two years the sunset provisions now applicable to the wild card banking law.
N.Y. Gov. extends 'wild card' powers by Credit Union Times
As a result, when legislators meet in 2011, theyÕll be dealing with another fiscal nightmare, and wonÕt be able to count on the $781 million tax hike they approved this year because of the sunset provision.
Drawing lines in the sand: RaggioÕs two-session strategy by Staff / Las Vegas Sun
If the electronics industry's experience with the European RoHS directive is any indication, this Sunset provision will result in the discontinuance of many components and the performance requalification of others.
How REACH impacts electronics components use: seven steps on ... by Schultz, Steve / Circuits Assembly
 
 
 
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