safe harbour


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safe harbour

an acceptable destination for protected data. In the law of data protection, European Union states require, in general, that data leaving the European Union should be handled correctly. This has been achieved so far as dealing with the United States is concerned, by their provision of a safe harbour. In the USA an organization may enter the ‘safe harbour’ in one of three ways: it can choose to join a private-sector privacy program whose members adhere to the safe harbour principles; it can self-certify its commitment to the safe harbour regime by enacting its own self-regulatory privacy policy; or, it can show that is already subject to a statutory, regulatory, administrative, or other body of law that provides adequate protection.
References in periodicals archive ?
ii) An assessee can opt for the safe harbour regime for a period of his choice but not exceeding 5 assessment years.
500 crore have been provided safe harbour margin of 20% and transaction above Rs.
In addition to providing service, Safe Harbour believes that it is crucial to advertise.