'Section 2(4) of the European Communities Act 1972 Required Courts

question 7

True/False

'Section 2(4) of the European Communities Act 1972 required courts to read legislation in a way that is compatible with applicable European law.' Is this statement true or false?

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Definitions:

U.S. Tax Code

The U.S. Tax Code is the formal body of laws and rules that dictate how federal income taxes are collected from individuals and businesses by the U.S. government.

Diversified

The strategy of spreading investments across various financial assets to reduce risk and increase the potential for return.

Open-end Investment Companies

Mutual funds that continuously issue new shares or redeem existing shares at the net asset value.

Mutual Funds

Funds that aggregate capital from numerous investors to acquire a varied collection of shares, bonds, or alternative financial instruments.