What is the significance of "extra-territorial effect" in legal contexts, as mentioned in Explanation II and III?
In legal contexts, "extra-territorial effect" refers to the jurisdiction or applicability of a law beyond its geographical boundaries, typically extending to actions or events occurring outside the territory where the law was enacted. This can include situations involving foreign nationals, international organizations, or events that occur in multiple countries simultaneously. The significance of extra-territorial effect lies in its ability to regulate and address transnational issues, ensuring a more comprehensive legal framework that covers actions and events with global implications.