Examples of using Draft guide in English and their translations into Chinese
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Political
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Ecclesiastic
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Programming
The Association presented the draft guide at the above-mentioned conference.
The draft guide contains other rules to simplify operation and use of the registry.
The Chairperson said that term used in the draft Guide was" assets subject to registration in a specialized registry".
The draft guide will be field-tested in three cities(Bangalore, India; Penang, Malaysia; and Pattaya, Thailand).
Mr. Cohen(United States of America)noted that the term" inventory" was used extensively throughout the draft Guide.
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The revised version of the draft guide prepared by the Secretariat is annexed to this note.
However, if meetings were not held until early in 2012,the Commission would not be able to finalize the draft Guide during that year.
Mr. Kemper(Germany) said that the draft Guide was becoming increasingly sophisticated and lengthy.
Mr. Goodger(Observer for the Association of European Trade Mark Owners)said that his organization supported the draft Guide and its aims.
As to trade receivables, it was observed that the draft Guide adopted the approach of the United Nations Assignment Convention.
In the draft guide, the very sound procedure described in the current paragraph(2) could be mentioned as one important method for settling disputes.
As a further issue, it was observed that the draft Guide did not address any international aspects of the informal process.
Thus, the draft Guide was a synthesis of different approaches to insolvency law discussed in the commentary, and represented a broad consensus of views.
It was alsoobserved that the more comprehensive the regime envisaged in the draft Guide, the more value it would have for legislators.
He stressed that the draft Guide was intended to assist legislators in drafting new laws and not to amend existing legislation.
Ms. Clift(Secretariat) said the administrative processes described in the draft Guide were not seen as a key component of an insolvency regime.
It was also stated that the draft Guide should express clear recommendations rather than focus merely on the description of existing practices.
Other types of financial contracts, such as bank deposits and independent undertakings,had already been defined in the draft Guide and were subject to separate rules.
The Secretariat was requested to prepare a draft guide for consideration at future sessions of the Working Group and the Commission.
Its Model Law on International Commercial Conciliation and its Draft Guide to Enactment and Use of the Model Law were excellent examples.
It was suggested that the draft Guide should clarify the choice the debtor would have between different options, whether informal negotiation processes or formal court procedures.
The Commission noted, however, that the reorganization processes discussed in the draft guide were aimed specifically at facilitating business recovery and preserving employment.
The view was stated that the draft Guide should emphasize the importance of an adequate judicial infrastructure in order to facilitate the stay.
The outcome of the meeting will be reflected in a draft guide for competent national authorities, which is to be reviewed by a working group next year.
The Working Group agreed that the draft Guide should provide advice in respect of the treatment of evidentiary issues arising in connection with avoidance actions.
In the discussion, the suggestion was made that the draft Guide should also discuss the issue of which party should bear the cost of compliance with the new law.
It was suggested that the draft Guide should set out the questions relating to the impact of new legislation on priority issues and suggest possible answers.
However, the asset-specific part of the draft guide does not contain provisions(commentary or recommendations) dealing with security rights in intellectual property.
In addition, it was agreed that the draft Guide should provide guidance to States as to the considerations to be taken into account in the determination of the effective date.
The definition of control in the draft Guide was limited to bank deposits and independent undertakings and was not broad enough to cover what he meant by financial contracts.