Tuesday, April 19, 2011

Safe harbour rule

Safe harbour rule is a  legal concept whereby a person who has meet the required listed rules and requirements is protected from any adverse legal proceedings. It is a legal provision to reduce or eliminate liability as long as good faith is demonstrated.

Safe harbours tend to be applied where any legal restrictions and/or requirement are ambiguous and therefore carry a risk of being punished for a violation which was unintended.

No comments:

Post a Comment

:: Up ::