Sentences with phrase «important statutory purpose»

It is remedial because it is intended not only to compel compliance by insurers with an important statutory purpose, but also to provide a remedy to the other party who was deprived of the opportunity for an early settlement of the claim.

Not exact matches

It's a really useful guide for schools, and while it isn't a statutory framework, it can't be ignored; if the purpose of school is to prepare young people for their future lives, online safeguarding is probably the most important topic for any school to tackle.

In their brief, the amici assert that the availability of judicial review of agency decisions serves important purposes, by «providing assurance that agencies do not exceed the limits of their statutory authority and treat parties fairly, consistently, and rationally,» particularly in the arena of CAMELS ratings, which «are a cornerstone to bank regulation» and have the potential to have «significant impact» on banks» businesses and activities.

The reason for this is that it is difficult to track cryptocurrency activities even though it is important to government especially, for statutory and macroeconomic purposes.

Although a court's usual obligation is to give effect to the purpose of the legislature derived from the statutory text, when important values appear to have been overlooked, a court is entitled to conclude that apparently broad language does not, in law, achieve departure from those values, without an explicit indication to this effect in the text.