Advance ruling precedent: binding only for the matter and applicant; persuasive but not precedent for others. An advance ruling does not have precedent value like higher court judgments; it is binding only in respect of the matter referred and the applicant, while ... Summary
Advance ruling precedent: binding only for the matter and applicant; persuasive but not precedent for others.
An advance ruling does not have precedent value like higher court judgments; it is binding only in respect of the matter referred and the applicant, while for others it carries persuasive value but no binding effect.
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