The phrase "important clarification" means providing clear information or explanation that is necessary or significant in order to help understand something correctly. Full definition
The judgment provides important clarification of the law of limitation, in respect of both the definition of «knowledge» for the purposes of section 14 of the Limitation Act 1980 and the proper approach to the court's power to disapply the limitation period pursuant to section 33. (1cor.com)
A recent Court of Appeal ruling provides important clarification on the validity of s 21 notices, as Mathew McDermott reports (newlawjournal.co.uk)
To read our firm's article about this decision on our Franchise Law Blog click here: Court of Appeal for Ontario Provides Important Clarification About Franchise Rescission Test (lawworks.ca)