Exemption from fines
Quelle: https://www.juraforum.de/lexikon/bussgeldfreistellung
Exemption from fines refers to relief from or waiving of traffic penalties by a competent authority or under contractual arrangements. It typically applies under specific conditions, such as when a company demonstrates that preventive measures have been implemented to avoid further violations, or within compliance programs that allow for penalty relief under defined circumstances.
Related Terms
You might also be interested in these terms
⚖️ ICC Incoterms 2020
Incoterms 2020 Simulator: Who bears costs & risk?
Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.