Arbitration System

Arbitration System means the system established by the contracts required by 680.20, including the process by which the Market Report and Non-Binding Price Formula are produced, the negotiation approaches, the Binding Arbitration process, and fee collection.


50 CFR § 680.2

Scoping language

In addition to the definitions in the Magnuson-Stevens Act, in 50 CFR part 600, and 679.2 of this chapter, the terms used in this part have the following meanings:

Is this correct? or