Compliance with Law and Regulation Clause (English/Arabic)
Definitions
Regulations means any law, enactment, regulation, and regulatory policy, guideline, requirement and industry code of any Regulatory Authority (including good practice codes) applicable to any part of the [goods OR services OR goods or services] or the Supplier or the Customer;
Regulatory Authority means any person having governmental, regulatory, supervisory or other competent authority under any applicable Regulations over any part of the [goods OR services OR goods or services] or the Supplier or the Customer;
1 Compliance—short form
Each party shall comply with such Regulations and shall maintain such authorisations and all other approvals, permits and authorities from Regulatory Authorities as are required of it from time to time to perform its obligations under or in connection with this Agreement.
2 Compliance—long form with customer bias
2.1 The Supplier shall maintain such authorisations and all other approvals, permits and authorities from Regulatory Authorities required by it from time to time to perform its obligations in accordance with this Agreement.