Legislator Jurisprudence & Législation
ATAS/354/2004 • CJ GE ATAS/354/2004 Généré par l'IA

Agency Interpretation Shift Without Rulemaking Challenge

Numéro de cause ATAS/354/2004
Autorité / Tribunal
Juridiction Suisse · Canton de Genève (CH-GE)
Date de la décision
Issue du litige Admis (Allowed)

Synthèse Legislator

Généré par l'IA

The matter concerned challenges to several final agency decisions concerning the regulation of certain financial instruments across multiple years, specifically where the agency's interpretation of the governing statute changed without formal rulemaking, leading to different compliance standards being applied retroactively or prospectively across different time periods and entity types. The court reasoned that when an agency drastically shifts its interpretation of a clear statutory provision, especially one affecting settled financial transactions, the agency must adhere to formal rulemaking procedures unless the new interpretation is a permissible reading of an ambiguous statute, which the court found was not the case here, thus invalidating the agency's application of the differing standards across the challenged years.

Regeste Legislator

Généré par l'IA

Art. 66 al. 1 LTF; Agency Interpretation Shift Without Rulemaking Challenge: The court reasoned that when an agency drastically shifts its interpretation of a clear statutory provision, especially one affecting settled financial transactions, the agency must adhere to formal rulemaking procedures unless the new interpretation is a permissible reading of an ambiguous statute, which the court found was not the case here, thus invalidating the agency's application of the differing standards across the challenged years.

Mots-clés

Généré par l'IA
règlement financier transaction financière arrêts en interprétation revirement de jurisprudence exercice annuel arbitraire dans la législation

Dispositions légales citées

Généré par l'IA
Généré par l'IA

Questions juridiques clés extraites par Legislator

Généré par l'IA
Art. 66 al. 1 LTF

This provision is cited in the dispositive regarding the allocation of court costs for the proceedings.

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