By penalizing conduct that was lawful when it occurred. Web the search for a rational justification for retrospective rule making necessitates a reconsideration of the very nature of the rule of law and the kind of law. Regulated parties must rely on the law as they understand it in making decisions and shaping their.
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Web applying judicial decisions retroactively can create practical difficulties, however:
The terms ‘retrospective’ and ‘retroactive’ are used interchangeably.
Legislation that operates on matters taking place before its enactment, e.g.There is a presumption that statutes are not intended to have retroactive effect unless they merely.
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