Examples of Bank Shares in a sentence
Subject to the provisions of the Act and the requirements of the Central Bank, Shares of any Fund may be acquired, by way of subscription or transfer for consideration, or redeemed, by another Fund for the purpose of cross investment by one Fund to another.
Subject to the provisions of the Regulations and the requirements of the Central Bank, Shares of any Fund may be acquired, by way of subscription or transfer for consideration, or redeemed, by another Fund for the purpose of cross investment by one Fund to another.
The Fund has elected in accordance with the Tax Act to have each of its “Canadian securities” (as defined in subsection 39(6) of the Tax Act), including Bank Shares, treated as capital property.
Having regard to the foregoing and in accordance with CRA’s published administrative practice, transactions undertaken by the Fund in respect of options on Bank Shares will be treated and reported on capital account.
This median price ($5.25) reflects the average price per share paid by Holders of Arcapita Bank Shares.