noun
applicable law; governing law; proper law
Legal term used in private international law to refer to the law that governs a particular legal relationship or dispute, often determined by conflict-of-law rules.
契約の準拠法は日本法とする。
The governing law of the contract shall be Japanese law.
国際取引では準拠法の選択が重要だ
In international transactions, the choice of applicable law is important.