EPF Plan definition

EPF Plan means a plan which allows a Customer (subject to the conditions as imposed by EPF) to invest in a Fund which is managed by a Manager approved by the EPF, by way of transfer of funds from the Customer’s EPF account.
Sample 1Sample 2Sample 3

Examples of EPF Plan in a sentence

  • Upon the Customer attaining the age of 55, the Customer hereby acknowledges, agrees and authorizes iFAST to automatically re-register the Customer’s holdings, under an EPF Plan, under the Custodian’s name.

  • Furthermore, for any Customer who has attained the age of 55 onwards from the date of performing a relevant Transaction, all such Customer’s holdings under an EPF Plan, would be registered under the Custodian’s name.

  • For the avoidance of doubt, redemption proceeds of Customers using the EPF Plan and who have attained the age of 55, will be paid or credited directly to the Customer in accordance with these terms and conditions or the Customer’s instructions.

  • Orders under the EPF Plan received after the specified cut-off time shall be deemed to be an Order received by iFAST on the next Dealing Day and shall only be placed with the relevant Manager on the next Dealing Day.

  • For all investments using the EPF Plan, Units (subject to the Manager’s right to refuse or reject any such order pursuant to the trust deed and/or prospectus of the relevant Fund) will only be allotted and credited into the Customer’s account with the Manager upon the Manager receiving payments from the EPF.

  • Orders under the EPF Plan received by iFAST on any Dealing Day before the relevant cut-off time (as may be specified by iFAST in its sole and absolute discretion) shall be submitted for placement with the relevant Manager on the same Dealing Day.

  • In respect of investments using the EPF Plan, dividends declared by any investment product shall be credited to the Customer’s EPF account.

  • Redemption proceeds received by iFAST will be paid or credited in accordance with (1) these terms and conditions; (2) Customer's instructions (3) to the Customer's Cash Fund or otherwise, (4) as required by Applicable Laws, and in the case of a redemption of Units in a Fund acquired using the EPF Plan, the redemption proceeds will be credited to the Customer's EPF account directly by the Manager.

  • Orders placed by the Customer with iFAST save for those under the EPF Plan, may be aggregated and consolidated either daily or from time to time by iFAST together with orders placed by iFAST's other customers or any other person whom iFAST deems fit, for the purposes of placement of the orders by iFAST with the relevant Manager/Market Dealer/stock exchange.

  • Orders save for those under the EPF Plan (and monies in the case of a cash subscription) received after the specified cut-off time shall be deemed to be an Order received by iFAST on the next Dealing Day and shall only be placed with the relevant Manager/Market Dealer/stock exchange on the next Dealing Day.

Related to EPF Plan

  • DSU Plan means the Deferred Share Unit Plan of the Corporation.

  • Implementation Plan means the schedule included in the Statement of Work setting forth the sequence of events for the performance of Services under the Statement of Work, including the Milestones and Milestone Dates.

  • Service Plan means the Operating Plan and Budget appended as Schedules A and D2a of Schedule D;

  • Non-U.S. Plan means any plan, fund or other similar program that (a) is established or maintained outside the United States of America by the Company or any Subsidiary primarily for the benefit of employees of the Company or one or more Subsidiaries residing outside the United States of America, which plan, fund or other similar program provides, or results in, retirement income, a deferral of income in contemplation of retirement or payments to be made upon termination of employment, and (b) is not subject to ERISA or the Code.

  • Annual Action Plan means any of the plans referred to in Section 3.05 (a) and/or (c) of this Agreement;