You are on page 1of 4

$57,.(/  '2.80(179$1,'(17,),.

$6,(
:(7239((',()67$/159$1
'RNXPHQWYDQ,GHQWL¿NDVLH

$UWLNHO  YDQGLH:HWEHSDDOGDW
 ³,HPDQGZDWDDQ¶QDIVODHUDJHQWRIPDUNPHHVWHUYHHOHZHURPYHUNRRSRIRS¶QDQGHUZ\VHYDQGLHKDQGJHVLWWHZRUGZRUGE\GLH
 WRHSDVVLQJYDQKLHUGLHDUWLNHOJHDJGDDUGLHYHHDDQEHGRHOGHDIVODHUDJHQWRIPDUNPHHVWHUYDQGLHKDQGWHJHVLWKHW´

'LHJHYROJLVGDWCQSHUVRRQZDWYHHDDQCQDIVODHUOHZHUYLUGLHYHUNRRSRIDQGHUVLQVYDQGLHKDQGVLWGDDUYDQCQDUWLNHO  'RNXPHQWYDQ,GHQWL¿NDVLHDDQ
VRGDQLJHDIVODHUPRHWYRRUVLHQ$UWLNHO  YDQGLH:HWEHSDDOGDW
 ³(QLJHSHUVRRQ PHWLQEHJULSYDQ¶QDIVODHUDJHQWRIPDUNPHHVWHU ZDWYHHDDQLHPDQGDQGHUVYHUNRRSYHUUXLOJHHRIRS¶QDQGHUZ\VH
 YDQGLHKDQGVLWPRHWWHQW\GHYDQGLHDÀHZHULQJDDQGDDUGLHDQGHUSHUVRRQYDQGLHYHHDOGXVYHUNRRSYHUUXLOJHJHHRIYDQGLHKDQG
 JHVLWDDQGDDUGLHDQGHUSHUVRRQ¶QGRNXPHQW KLHURQGHU¶QGRNXPHQWYDQLGHQWL¿NDVLHJHQRHP YHUVWUHN´

$OKRHZHODUWLNHOYDQGLH:HW³YHH´GH¿QLHHUDV³HQLJHSHUGPXLOHVHOEXONRHLRVYHUVNDOIVNDDSERNYDUNSOXLPYHHYROVWUXLVZDW¶QKXLVGLHU
LV ZLOG ZDW KXLVGLHUH LV RI GLH NDUNDV RI JHGHHOWH YDQ GLH NDUNDV YDQ HQLJH VRGDQLJH YHH´ EHSDDO GLH 5HJXODVLHV JHSXEOLVHHU LQ
*RHZHUPHQWVNHQQLVJHZLQJ1U5YDQ0HLGDWCQDUWLNHO  'RNXPHQWYDQ,GHQWL¿NDVLHVOHJVXLWJHUHLNKRHIWHZRUGWHQRSVLJWHYDQGLH
YROJHQGH³(QLJHEXONRHLRVYHUVNDOIVNDDSERNRIYROVWUXLVZDWµQKXLVGLHULVRIGLHNDUNDVRIJHGHHOWHYDQGLHNDUNDV´

$UWLNHO  EHSDDOGDW
 ³1LHPDQGDDQZLHYHHYHUNRRSYHUUXLOJHJHHRIRS¶QDQGHUZ\VHYDQGLHKDQGJHVLWLVHQDDQZLHLQJHYROJHVXEDUWLNHO  ¶QGRNXPHQW
 YDQLGHQWL¿NDVLHYHUVWUHNPRHWZRUGPDJDÀHZHULQJYDQGDDUGLHYHHDDQYDDUVRQGHURPEHGRHOGHGRNXPHQWWHQW\GHYDQDÀHZHULQJWH
 YHUNU\QLH

WHUZ\ODUWLNHO  YHUHLVGDW
 ³,HPDQGDDQZLHLQJHYROJHVXEDUWLNHO  ¶QGRNXPHQWYDQLGHQWL¿NDVLHYHUVWUHNLVPRHWGLWYLU¶QW\GSHUNYDQPLQVWHQVHHQMDDULQ
 V\EHVLWKRX´

'LHEHZRRUGLQJYDQDUWLNHO  VWHOGLWYHUGHURQRPZRQGHGDW³(QLJHSHUVRRQ PHWLQEHJULSYDQ¶QDIVODHUDJHQWRIPDUNPHHVWHU ´ (LHRQGHUVWUHSLQJ 


ZDW³YHHDDQLHPDQGDQGHUVYHUNRRSYHUUXLOJHHRIRS¶QDQGHUZ\VHYDQGLHKDQGVLW´CQDUWLNHO  'RNXPHQWYDQ,GHQWL¿NDVLHDDQVRGDQLJH
SHUVRRQPRHWXLWUHLN

:DWPLVGU\ZHLQKLHUGLHYHUEDQGEHWUHIQDDPOLN
‡ ZDDUYHHGHXUCQDIVODHURQWYDQJZRUGVRQGHUGDWCQYROOHGLJYROWRRLGHDUWLNHO  'RNXPHQWYDQ,GHQWL¿NDVLHWHQW\HYDQGLHRQWYDQJVYDQGLHYHH
 GHXUGLHDIVODHUYHUNU\ZRUGHQRI
‡ ZDDUYHHGHXUGLHDIVODHUYHUNRRSYHUUXLOJHJHHRIRS¶QDQGHUZ\VHYDQGLHKDQGJHVLWZRUGVRQGHUGDWGLHDIVODHUCQYROOHGLJYROWRRLGHDUWLNHO  
 'RNXPHQWYDQ,GHQWL¿NDVLHDDQVRGDQLJHSHUVRRQXLWUHLNHQYHUVWUHNWHQW\HYDQGLHRRUKDQGLJLQJYDQGLHYHH

ZRUGXDDQGDJJHYHVWLJRSGLHEHSDOLQJVYDQDUWLNHO  D ZDWDVYROJOHHV
³,HPDQGZDW¶QEHSDOLQJYDQKLHUGLHDUWLNHORRUWUHHRIYHUVXLPRPGDDUDDQWHYROGRHQLVDDQ¶QPLVGU\IVNXOGLJ´
6(&7,21  '2&80(172),'(17,),&$7,21672&.7+()7$&72)
'RFXPHQWRI,GHQWL¿FDWLRQ

6HFWLRQ  RIWKH$FWGHWHUPLQHVWKDW
³$Q\SHUVRQZKRGHOLYHUVDQ\VWRFNWRDQDXFWLRQHHUDJHQWRUPDUNHWPDVWHUIRUWKHSXUSRVHRIVDOHRUGLVSRVDOLQDQ\RWKHUPDQQHUVKDOOIRUWKH
SXUSRVHVRIWKLVVHFWLRQEHGHHPHGWRKDYHGLVSRVHGRIVXFKVWRFNWRVXFKDXFWLRQHHUDJHQWRUPDUNHWPDVWHU´

7KHUHVXOWLVWKDWDQ\SHUVRQZKRGHOLYHUVVWRFNWRDQDXFWLRQHHUIRUWKHVHOOLQJRUGLVSRVHVRWKHUZLVHWKHUHRIKDVWRSURYLGHWKHDXFWLRQHHUZLWKDVHFWLRQ  
'RFXPHQWRI,GHQWL¿FDWLRQ6HFWLRQ  GHWHUPLQHVWKDW
³$Q\SHUVRQ LQFOXGLQJDQ\DXFWLRQHHUDJHQWRUPDUNHWPDVWHU ZKRVHOOVEDUWHUVJLYHVRULQDQ\RWKHUPDQQHUGLVSRVHVRIDQ\VWRFNWRDQ\RWKHU
SHUVRQVKDOODWWKHWLPHRIGHOLYHU\WRVXFKRWKHUSHUVRQRIWKHVWRFNVRVROGEDUWHUHGJLYHQRUGLVSRVHGRIIXUQLVKVXFKRWKHUSHUVRQZLWKD
GRFXPHQW KHUHLQDIWHUFDOOHGDGRFXPHQWRILGHQWL¿FDWLRQ ´

$OWKRXJKVHFWLRQRIWKH$FWGH¿QHV³VWRFN´DV³DQ\KRUVHPXOHDVVEXOOFRZR[KHLIHUFDOIVKHHSJRDWSLJSRXOWU\GRPHVWLFDWHGRVWULFK
GRPHVWLFDWHGJDPHRUWKHFDUFDVHRUSRUWLRQRIWKHFDUFDVHRIDQ\VXFKVWRFN´WKH5HJXODWLRQVSXEOLVKHGLQ*RYHUQPHQW1RWLFH1R5RI0D\
GHWHUPLQHWKDWDVHFWLRQ  'RFXPHQWRI,GHQWL¿FDWLRQRQO\QHHGVWREHLVVXHGZLWKUHJDUGWRWKHIROORZLQJ³$Q\EXOOFRZR[KHLIHUFDOIVKHHS
JRDWRUGRPHVWLFDWHGRVWULFKRUWKHFDUFDVHRUSRUWLRQRIWKHFDUFDVH´

6HFWLRQ  GHWHUPLQHVWKDW
1RSHUVRQWRZKRPDQ\VWRFNKDVEHHQVROGEDUWHUHGJLYHQRURWKHUZLVHGLVSRVHGRIDQGWRZKRPDGRFXPHQWRILGHQWL¿FDWLRQLVUHTXLUHGWREH
IXUQLVKHGLQWHUPVRIVXEVHFWLRQ  VKDOOWDNHGHOLYHU\RIVXFKVWRFNZLWKRXWREWDLQLQJVXFKGRFXPHQWDWWKHWLPHRIGHOLYHU\´

ZKLOVWVHFWLRQ  UHTXLUHVWKDW
³$Q\SHUVRQWRZKRPDGRFXPHQWRILGHQWL¿FDWLRQKDVEHHQIXUQLVKHGLQWHUPVRIVXEVHFWLRQ  VKDOOUHWDLQLWLQKLVSRVVHVVLRQIRUDSHULRGRIDW
OHDVWRQH\HDU´

7KHZRUGLQJRIVHFWLRQ  VWDWHVRXWULJKWWKDW³$Q\SHUVRQ LQFOXGLQJDQ\DXFWLRQHHUDJHQWRUPDUNHWPDVWHU ´ZKR³VHOOVEDUWHUVJLYHVRULQ


DQ\RWKHUPDQQHUGLVSRVHVRIDQ\VWRFNWRDQ\RWKHUSHUVRQ´PXVWLVVXHDVHFWLRQ  'RFXPHQWRI,GHQWL¿FDWLRQWRVXFKSHUVRQ

5HJDUGLQJRIIHQFHVLQWKLVUHJDUGQDPHO\
x ,IVWRFNLVUHFHLYHGE\DQDXFWLRQHHUZLWKRXWUHFHLSWRIDGXO\FRPSOHWHGVHFWLRQ  'RFXPHQWRI,GHQWL¿FDWLRQDWWKHWLPHRIWKHGHOLYHU\DQGRU
x ,IDQDXFWLRQHHUVHOOVEDUWHUVJLYHVRULQDQ\RWKHUPDQQHUGLVSRVHVVWRFNWRDQRWKHUSHUVRQZLWKRXWLVVXLQJDQGSURYLGLQJDGXO\FRPSOHWHG
VHFWLRQ  'RFXPHQWRI,GHQWL¿FDWLRQDWWKHWLPHRIGHOLYHU\RIWKHVWRFNWRVXFKSHUVRQ
\RXUDWWHQWLRQLVGUDZQWRWKHSURYLVLRQVRIVHFWLRQ  D ZKLFKUHDGDVIROORZV
³$Q\SHUVRQZKRFRQWUDYHQHVRUIDLOVWRFRPSO\ZLWKDQ\SURYLVLRQRIWKLVVHFWLRQVKDOOEHJXLOW\RIDQRIIHQFH´

7KHFRQWHQWRIWKLVQRWHLVWRDVVLVWLQXQGHUVWDQGLQJWKHOHJLVODWLRQUHIHUUHGWRDERYH(YHU\UHDGHULVVWLOOUHVSRQVLEOHWREULQJKLPVHOIKHUVHOIXSWR
GDWHZLWKWKHSURYLVLRQVRIDOOUHOHYDQWOHJLVODWLRQHWF
9(5:<'(5,1*6(57,),.$$7$57,.(/ 
$UWLNHO  YDQGLH:HWSODDVCQGLUHNWHYHUERGRSCQSHUVRRQRP³YHHRISURGXNWHZDDUYDQK\QLHGLHHLHQDDULVQLHRSRIODQJVCQSXEOLHNHSDGGU\I
YHUYRHURIWUDQVSRUWHHU´VRQGHUGDWK\V\LQEHVLWLVYDQCQYHUZ\GHULQJVHUWL¿NDDW6RGDQLJHYHUZ\GHULQJVHUWL¿NDDWZRUGLQWHUPHYDQGLHEHSDOLQJVYDQ
GLHODDVJHPHOGHDUWLNHOGHXUGLH³HLHQDDUYDQGDDUGLHYHHRIGLHEHKRRUOLNJHPDJWLJGHDJHQWYDQGLHHLHQDDU´ (LHRQGHUVWUHSLQJ XLWJHUHLN(QLJH
SHUVRRQZDWEHZHHUGDWK\V\GLH³EHKRRUOLNJHPDJWLJGHDJHQW´YDQGLHHLHQDDULVGUDGLHEHZ\VODVRPDDQWHWRRQGDWK\V\LQGHUGDDGCQ³DJHQW´YDQGLH
HLHQDDULVHQYHUGHUGDWK\V\³EHKRRUOLNJHPDJWLJ´ZDVGHXUGLHHLHQDDURPQDPHQVGLHHLHQDDURSWHWUHH

'LHEHJULS³HLHQDDU´ZRUGYLUGRHOHLQGHVYDQKLHUGLHDUWLNHOXLWJHEUHLGHXUDUWLNHO  RPGLHYROJHQGHLQWHVOXLW

³%\GLHWRHSDVVLQJYDQVXEDUWLNHOV    HQEHWHNHQHLHQDDU´RRNLHPDQGZDWYHHRISURGXNWHYHUNU\KHWXLWKRRIGHYDQ QNRRSRRUHHQNRPV


LQJHYROJHZDDUYDQVRLHPDQGQLHGLHHLHQDDUYDQEHGRHOGHYHHRISURGXNWHZRUGEORRWRSJURQGYDQGLHOHZHULQJDDQKRPYDQEHGRHOGHYHHRI
SURGXNWHQLH´

'LHHLHQDDUVHYHUDQWZRRUGHOLNKHLGRPCQYHUZ\GHULQJVHUWL¿NDDWXLWWHUHLNZRUGYHUGHUEHNOHPWRRQGHXUDUWLNHO  ZDWDVYROJEHSDDO
³1LHPDQGPDJYHHRISURGXNWHZDDUYDQK\GLHHLHQDDULVGHXU QDQGHUSHUVRRQRSRIODQJV QSXEOLHNHSDGODDWGU\IYHUYRHURIWUDQVSRUWHHUQLHRI
KRPWRHODDWRPGLWWHGRHQQLHVRQGHURPDDQKRP QYHUZ\GHULQJVHUWL¿NDDWZDWK\LQJHYROJHVXEDUWLNHO  PRHWEHVLWWHYHUVWUHN´

'LHYROOHGLJHDUWLNHO  ZRUGYLUXJHULHIDDQJHKDDO
³9HHRISURGXNWHRSRIODQJVSXEOLHNHSDDLHJHGU\IYHUYRHURIJHWUDQVSRUWHHU²  1LHPDQGPDJYHHRISURGXNWHZDDUYDQK\QLHGLHHLHQDDULV
QLHRSRIODQJV QSXEOLHNHSDGGU\IYHUYRHURIWUDQVSRUWHHUQLHWHQV\K\LQEHVLWLVYDQ QVHUWL¿NDDW KLHURQGHU QYHUZ\GHULQJVHUWL¿NDDWJHQRHP 
ZDWGHXUGLHHLHQDDUYDQGDDUGLHYHHRISURGXNWHRIGLHEHKRRUOLNJHPDJWLJGHDJHQWYDQGLHHLHQDDUDDQKRPXLWJHUHLNLVZDDULQYHUPHOGZRUG²

0HWGLHQYHUVWDQGHGDWGLHEHSDOLQJVYDQKLHUGLHVXEDUWLNHOQLHYDQWRHSDVVLQJLVQLHWHQRSVLJWHYDQYHHRISURGXNWHZDWPHWGLHWRHVWHPPLQJ
YDQGLHHLHQDDUGDDUYDQRIV\EHKRRUOLNJHPDJWLJGHDJHQWRSRIODQJV QGHHOYDQ QSXEOLHNHSDGZDWJDDQRRUJURQGZDWDDQGLHHLHQDDURIDJHQW
EHKRRUWRIZDWGHXUKRPJHRNNXSHHUZRUGJHGU\IYHUYRHURIJHWUDQVSRUWHHUZRUG´

'LH5HJXODVLHVJHSXEOLVHHULQ*RHZHUPHQWVNHQQLVJHZLQJ1U5YDQ0HLEHSDDOGDWCQDUWLNHO  9HUZ\GHULQJVHUWL¿NDDWVOHJVXLWJHUHLNKRHI
WHZRUGWHQRSVLJWHYDQGLHYROJHQGH³(QLJHEXONRHLRVYHUVNDOIVNDDSERNRIYROVWUXLVZDW QKXLVGLHULVRIGLHNDUNDVRIJHGHHOWHYDQGLHNDUNDV
RIGLHKHOHRIHQLJHJHGHHOWHYDQYHOOHKXLGHRIKRULQJVYDQVRGDQLJHYHHHQHQLJHZROERNKDDURIYROVWUXLVYHUH´

5DNHQGHWRHSDVOLNHPLVGU\ZHZRUGXYHUZ\VQDGLHEHSDOLQJVYDQDUWLNHO  D  F HQ G ZDWDVYROJOHHV

³,HPDQGZDW²
D QEHSDOLQJYDQKLHUGLHDUWLNHORRUWUHHRIYHUVXLPRPGDDUDDQWHYROGRHQ
F LQ QYHUZ\GHULQJVHUWL¿NDDWRSVHWOLN QYDOVHYHUNODULQJPDDNRI
G YDOVOLNYHUNODDUGDWK\GLHHLHQDDULVYDQYHHRISURGXNWHZDWRSRIODQJV QSXEOLHNHSDGGHXUKRPJHGU\IYHUYRHURIJHWUDQVSRUWHHUZRUG
 LVDDQ QPLVGU\IVNXOGLJ´

8ZRUGGDDURSJHZ\VGDWGLHVWUDIUHJWHOLNHYHUYROJLQJYDQCQUHJVSHUVRRQRICQOLGYDQCQYHUHQLJLQJGHXUDUWLNHOYDQGLH6WUDISURVHVZHW1UYDQ
JHUHJXOHHUZRUGVRXXHQLJHYUDHRQVHNHUKHGHLQGLpYHUEDQGVRXKr

'LHLQKRXGYDQKLHUGLHVNU\ZHKHWWHQGRHORPGLHYHUVWDDQYDQGLHQDYHUZ\VGHZHWJHZLQJWHYHUJHPDNOLN8LVVWHHGVYHUDQWZRRUGHOLNRPXVHOIYDQGLH
EHSDOLQJVYDQDOOHUHOHYDQWHZHWJHZLQJHQVWHYHUJHZLV
6(&7,21  5(029$/&(57,),&$7(672&.7+()7$&72)
6HFWLRQ  RIWKH$FWSODFHVDGLUHFWSURKLELWLRQRQDSHUVRQWR³GULYHFRQYH\RUWUDQVSRUWDQ\VWRFNRUSURGXFHRIZKLFKKHLVQRWWKHRZQHURQRU
DORQJDQ\SXEOLFURDG´LIQRWLQSRVVHVVLRQRIDUHPRYDOFHUWL¿FDWH6XFKUHPRYDOFHUWL¿FDWHPXVWEHLVVXHGDVSURYLGHGIRULQWHUPVRIVHFWLRQ  RIWKH
$FWE\WKH³RZQHURIVXFKVWRFNRUWKHGXO\DXWKRUL]HGDJHQWRIVXFKRZQHU´$Q\SHUVRQZKRDOOHJHVWKDWKHVKHLVWKH³GXO\DXWKRUL]HGDJHQW´RI
WKHRZQHUFDUULHVWKHEXUGHQRISURRIWRLQGLFDWHWKDWKHVKHLVLQGHHGWKH³DJHQW´RIWKHRZQHUDQGWKHKHVKHZDV³GXO\DXWKRUL]HG´E\WKHRZQHUWRDFW
RQWKHEHKDOIRIWKHRZQHU

7KHWHUP³RZQHU´LVIRUWKHSXUSRVHVRIWKLVVHFWLRQH[WHQGHGE\VHFWLRQ  WRLQFOXGHWKHIROORZLQJ
³)RUWKHSXUSRVHVRIVXEVHFWLRQV    DQG RZQHU VKDOOLQFOXGHDQ\SHUVRQZKRREWDLQHGVWRFNRUSURGXFHE\YLUWXHRIDQDJUHHPHQWRIVDOH
LQWHUPVRIZKLFKDQ\VXFKSHUVRQGRHVQRWEHFRPHWKHRZQHURIVXFKVWRFNRUSURGXFHPHUHO\E\YLUWXHRIWKHGHOLYHU\WRKLPRIVXFKVWRFNRU
SURGXFH´

7KHRZQHU VUHVSRQVLELOLW\WRLVVXHDUHPRYDOFHUWL¿FDWHLVHPSKDVL]HGE\VHFWLRQ  ZKLFKGHWHUPLQHVDVIROORZV


³1RSHUVRQVKDOOFDXVHRUSHUPLWDQ\VWRFNRUSURGXFHRIZKLFKKHLVWKHRZQHUWREHGULYHQFRQYH\HGRUWUDQVSRUWHGE\DQ\RWKHUSHUVRQRQRU
DORQJDQ\SXEOLFURDGZLWKRXWIXUQLVKLQJKLPZLWKDUHPRYDOFHUWL¿FDWHZKLFKKHLVUHTXLUHGWRKDYHLQWHUPVRIVXEVHFWLRQ  ´

7KHFRPSOHWHVHFWLRQ  LVTXRWHGIRU\RXUFRQYHQLHQFH
³1RSHUVRQVKDOOGULYHFRQYH\RUWUDQVSRUWDQ\VWRFNRUSURGXFHRIZKLFKKHLVQRWWKHRZQHURQRUDORQJDQ\SXEOLFURDGXQOHVVKHKDVLQKLV
SRVVHVVLRQDFHUWL¿FDWH KHUHLQDIWHUFDOOHGDUHPRYDOFHUWL¿FDWH LVVXHGWRKLPE\WKHRZQHURIVXFKVWRFNRUSURGXFHRUWKHGXO\DXWKRUL]HGDJHQW
RIVXFKRZQHU
«
3URYLGHGWKDWWKHSURYLVLRQVRIWKLVVXEVHFWLRQVKDOOQRWDSSO\LQUHVSHFWRIDQ\VWRFNRUSURGXFHZKLFKLVEHLQJGULYHQFRQYH\HGRUWUDQVSRUWHG
ZLWKWKHFRQVHQWRIWKHRZQHUWKHUHRIRUKLVGXO\DXWKRUL]HGDJHQWRQRUDORQJVXFKSRUWLRQRIDQ\SXEOLFURDGDVWUDYHUVHVODQGZKLFKEHORQJVWR
RULVRFFXSLHGE\VXFKRZQHURUDJHQW´

7KH5HJXODWLRQVSXEOLVKHGLQ*RYHUQPHQW1RWLFH1R5RI0D\GHWHUPLQHWKDWDVHFWLRQ  5HPRYDO&HUWL¿FDWHRQO\QHHGVWREHLVVXHGZLWK
UHJDUGWRWKHIROORZLQJ³$Q\EXOOFRZR[KHLIHUFDOIVKHHSJRDWRUGRPHVWLFDWHGRVWULFKRUWKHFDUFDVHRUSRUWLRQRIWKHFDUFDVHRUWKHZKROHRU
DQ\SDUWRIDQ\VNLQVKLGHVRUKRUQVRIVXFKVWRFNDQGDQ\ZRROPRKDLURURVWULFKIHDWKHUV´

&RQFHUQLQJDSSOLFDEOHRIIHQFHV\RXDUHUHIHUUHGWRWKHSURYLVLRQVRIVHFWLRQ  D  F DQG G ZKLFKUHDGDVIROORZV


³$Q\SHUVRQZKR
D FRQWUDYHQHVRUIDLOVWRFRPSO\ZLWKDQ\SURYLVLRQRIWKLVVHFWLRQ
F ZLOIXOO\PDNHVDQ\IDOVHVWDWHPHQWLQDUHPRYDOFHUWL¿FDWHRU
G IDOVHO\GHFODUHVWKDWKHLVWKHRZQHURIVWRFNRUSURGXFHZKLFKLVEHLQJGULYHQFRQYH\HGRUWUDQVSRUWHGE\KLPRQRUDORQJDQ\SXEOLF 
 URDGVKDOOEHJXLOW\RIDQRIIHQFH´

&ULPLQDOSURVHFXWLRQRIDFRUSRUDWLRQRUPHPEHURIDQDVVRFLDWLRQLVUHJXODWHGE\WKHSURYLVLRQVRIVHFWLRQRIWKH&ULPLQDO3URFHGXUH$FW1RRI

7KHFRQWHQWRIWKLVQRWHLVWRDVVLVWLQXQGHUVWDQGLQJWKHOHJLVODWLRQUHIHUUHGWRDERYH(YHU\UHDGHULVVWLOOUHVSRQVLEOHWREULQJKLPVHOIKHUVHOIXSWRGDWHZLWK
WKHSURYLVLRQVRIDOOUHOHYDQWOHJLVODWLRQHWF

You might also like