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Tiers of legal effect

Taxonomy name: TAXONOMY_NAME

What a certification does under a named statutory provision, on a scale from no legal effect to legal gateway. Tier attaches to a provision, not to an instrument, so one certification can sit on several tiers of the same statute.

Tiers 03 to 05 are the only ones that change an outcome rather than a negotiating position.

  1. TIER 04Presumption of conformity

    Burden shifts to the regulator, who must disprove your compliance.

  2. TIER 03Affirmative defense / damages bar

    Defeats or caps a civil claim. You must plead and prove it.

  3. TIER 02Mitigating factor

    Does not prevent a finding of breach. Reduces the sanction after one.

  4. TIER 01Evidentiary element

    May be submitted as evidence of compliance. Burden of proof stays with you.