Bismuth oxychloride is a product that is FDA approved for use in products for the face, eyes, lips and nails. It is a very common and popular ingredient in both traditional and mineral makeup. However, skin irritation from bismuth oxychloride is not unusual.ismuth oxychloride is a product that is FDA approved for use in products for the face, eyes, lips and nails. It is a very common and popular ingredient in both traditional and mineral makeup. However, skin irritation from bismuth oxychloride is not unusual.
safe harbor. 1. Provision in an agreement, law, or regulation that affords protection from liability or penalty under specified circumstances or if certain conditions are met. 2. Anti-hostile takeover defense in which the target firm acquires a very heavily regulated firm thus making itself a less attractive candidate for acquisition.
The Purpose of the Safe Harbor Provision. The purpose of the GPO âSafe Harborâ regulation is to reduce health care costs and assist rural hospitals. in their purchasing needs. Enacted by Congress in 1987, the Medicare and Medicaid Patient Protection. Act 1987 allows GPOs to charge administrative fees to suppliers while providing services to hospitals.