retroactive administrative standard
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 332 U.S. 194 - Securities and Exchange Commission v. Chenery Corporation Same · 1947Most cited · 7,459 citing opinions
Every case of first impression has a retroactive effect, whether the new principle is announced by a court or by an administrative agency. But such retroactivity must be balanced against the mischief of producing a result which is contrary to a statutory design or to legal and equitable principles. If that mischief is greater than the ill effect of the retroactive application of a new standard, it is not the type of retroactivity which is condemned by law.