Binding Decision

(redirected from Binding Rulings)

Binding Decision

1. A decision that binds the parties affected by it and that they may not appeal. A binding decision may be the result of arbitration, the appeal to the highest court possible or a decision by a regulatory agency.

2. See: Binding authority.
References in periodicals archive ?
Such legislation would essentially neutralize the Supreme Court in its capacity as the High Court of Justice -- something Netanyahu has never publicly supported -- by turning its decisions into suggestions instead of legally binding rulings, Haaretz added.
Members can air grievances before clashes materialize, and the WTO's dispute settlement system allows them to seek binding rulings from judges.
Information provided by the New Zealand Customs Service summarises the new services and initiatives as follows: Valuation rulings: Customs can now make binding rulings on the value of imported goods.
But it is not clear if the Chamber's proposal would be for binding rulings that would prevent further court action.
In the light of this Regulation, the functions of the Authority are to give opinion and advice to the CBO on Sharia matters related to Islamic banking business, to give binding rulings in the matters, submitted to it through CBO, on Fiqh disputes between Sharia supervisory boards of different Islamic banking entities, to give opinion on Sharia compliance of the transactions between Central Bank and Islamic banking entities, which include opening of accounts, providing finance, sale and purchase and issuance of Islamic financial instruments etc.
The transaction, which is expected to close late in 2014, is conditional on binding rulings by fiscal authorities and antitrust approval.
The accelerated creation of the Integrated Automotive Group can be implemented at economically viable conditions on the basis of the German Transformation Tax Act and the German Transformation Tax Decree published at the end of 2011, as well as binding rulings from the competent financial authorities.
CROSS Customs Rulings Online Search System: CROSS is a searchable database of past binding rulings that can be retrieved based on simple or complex searches using keywords, including compound names, CAS numbers and HTSUS 10-digit numbers.
"If, at this stage, extending the scope of binding rulings on labelling would lead to lengthy discussions and could consequently compromise the simplification exercise, it is nevertheless advisable to consider it in the near future." They subsequently tasked the European Commission with drawing up, within two years from the entry into force of the regulation, a report on possible new labelling requirements and, if necessary, a legislative proposal.
This unit is also expected to provide binding rulings to businesses that provide investment plans.
Likewise, critical commercial programs like Binding Rulings, Remote Filing, and Focussed and Importer Self-Assessments must be administered uniformly.
The international community must insist that Russia abide by international law, including the binding rulings of the International Court of Justice.