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Loss of supply occurs where a government in a parliamentary democracy using the Westminster System or a system derived from it is denied a supply of treasury or exchequer funds, by whichever house or houses of parliament or head of state is constitutionally entitled to grant and deny supply. A defeat on a budgetary vote is one way by which ...
Term Description Examples Autocracy: Autocracy is a system of government in which supreme power (social and political) is concentrated in the hands of one person or polity, whose decisions are subject to neither external legal restraints nor regularized mechanisms of popular control (except perhaps for the implicit threat of a coup d'état or mass insurrection).
The Nairobi International Convention on the Removal of Wrecks is a 2007 treaty of the International Maritime Organization (IMO).. The purpose of the convention is to establish uniform rules for the prompt and effective removal of shipwrecks located in the exclusive economic zone (EEZ) of a state that may be hazardous to navigation or to the environment.
The first wreck to be designated was the Cattewater Wreck at Plymouth, in 1973. As of July 2007 there were 60 wreck sites under current protection under section 1 of the act. Two sites that had at some point been designated have subsequently been revoked.
Flotsam on a beach at Terschelling, Wadden Sea. In maritime law, flotsam, jetsam, lagan, and derelict are terms for various types of property lost or abandoned at sea. The words have specific nautical meanings, with legal consequences in the law of admiralty and marine salvage. [1]
The San Demetrio (1941 69 L1.L.Rep.5) case demonstrated a good example of an authorized abandonment of ship under the Master's authority. If the ship was properly abandoned under the orders from the master, the vessel's own crews who saved the vessel or cargo on board were entitled to claim salvage.
Emergency wreck buoy, a navigation mark warning of a new wreck. Rambling Wreck, a car that leads the Georgia Tech football team onto the field prior to every game in Bobby Dodd Stadium; Receiver of Wreck, an official of the British government whose main task is to process incoming reports of wreck; Reck (disambiguation) "Wreck Of The Hesperus"
Examples of government failure include regulatory capture and regulatory arbitrage. Government failure may arise because of unanticipated consequences of a government intervention, or because an inefficient outcome is more politically feasible than a Pareto improvement to it. Government failure can be on both the demand side and the supply side.