Exchange Control Authorities definition

Exchange Control Authorities means the Financial Surveillance Department of the South African Reserve Bank;

Examples of Exchange Control Authorities in a sentence

  • It is essential that these sales produce the inflow of the total sales value in foreign exchange into the Republic of South Africa within twelve months after the date of actual export, notwithstanding any authorization of payment for such export sales over a longer period than twelve months by the Exchange Control Authorities.

  • A non-resident is any person (including a legal entity) who or which is not a “resident”.Applications for approval under the Exchange Control Regulations are effected through “authorised dealers” which assist the Exchange Control Authorities with the monitoring and enforcement of the Exchange Control Regulations.

  • Accordingly, provisions of this nature in the Master Agreement and/or the relevant Security Document may be unenforceable without the prior approval of the Exchange Control Authorities under the Exchange Control Regulations.

  • For some Deliverables the Order may be subject to approval by relevant governmental authorities such as but not limited to the Exchange Control Authorities of South Africa, the South African Revenue Service, the South African Department of Trade and Industry and / or any other State governmental control approval.

  • Industry representatives noted that there seems to be a lack of deep understanding of industry operations by Exchange Control Authorities which acts against industry.

  • The German Foreign Exchange Control Authorities shall continue to issue any licence necessary for a conversion pursuant to the Conversion Law or for a modification of the conversion rate pursuant to the legislation on Deutsche Xxxx balance sheets, to the extent that the creditor is entitled to such conversion or modification.

  • The importer has to ensure that adequate foreign exchange is available for import of goods by obtaining a clearance from Exchange Control Authorities prior to the concluding of contract with the supplier.

  • It would appear to follow that the set-off of local liabilities and accruals against foreign liabilities and accruals will also require the approval of the Exchange Control Authorities under the Exchange Control Regulations.

  • Landlord shall have no obligation to re-let the Premises, and its failure or refusal to do so, or failure to collect rent on re-letting, shall not affect Tenant's liability hereunder.

  • The existing grid needs improvement, but to enable the large generation of electricity required and its transmission between generation, storage and demand centres, in both islands, an expanded and more resilient grid structure will be required.

Related to Exchange Control Authorities

  • Securities Regulatory Authorities means the securities commission or similar regulatory authority in each province and territory of Canada that is responsible for administering the Canadian securities legislation in force in such jurisdictions;

  • Regulatory Authorities means the Commissions and the Exchange;

  • Local authorities means every county, municipal, and other local board or body having authority to adopt police regulations under the constitution and laws of this state.

  • Exchange Contract means a contract for Commodity approved by SFC and the HKFE for trading on one of the markets from time to time established and operated by the HKFE which may result in a Futures Contract and/or an Options Contract.

  • Canadian Securities Regulatory Authorities means the securities regulatory authorities in each of the provinces and territories of Canada;

  • securities regulatory authority or “SRA” means a body created by statute in any Canadian or foreign jurisdiction to administer securities law, regulation and policy (e.g. securities commission), but does not include an exchange or other self regulatory entity;

  • Antitrust Authorities means the Antitrust Division of the United States Department of Justice, the United States Federal Trade Commission or the antitrust or competition law authorities of any other jurisdiction (whether United States, foreign or multinational).

  • Foreign Financial Regulatory Authority shall have the meaning given by Section 2(a)(50) of the 0000 Xxx.

  • Securities and Exchange Commission means the United States Securities and Exchange Commission.

  • Change Control means the process set out in Section 2.6.

  • Governmental Authorities means any nation, government, province, state, or any entity, authority or body exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government, including any government authority, agency, department, board, commission or instrumentality of any government or any political subdivision thereof, court, tribunal, arbitrator, the governing body of any securities exchange, and self-regulatory organization, in each case having competent jurisdiction (with each of such Governmental Authorities being referred to as a “Governmental Authority”).

  • Government Authorities means, without limitation, all Government departments and agencies with responsibility for the import and export of goods, the collection of revenue on the import and export of goods and the transport of those goods to include, without limitation, Customs, AQIS, the ATO and the RSA;

  • Tax Authorities means domestic or foreign tax, revenue, fiscal or monetary authorities.

  • Securities Authorities means the applicable securities commissions and other securities regulatory authorities in Canada and the United States;

  • Authorities means any government authority, agency, body or department having or claiming jurisdiction over the Agreement or the Project, or both.

  • Taxing Authorities means Her Majesty the Queen in right of Canada, Her Majesty the Queen in right of any province or territory of Canada, any municipality of Canada, the Canada Revenue Agency, the Canada Border Services Agency, any similar revenue or taxing authority of Canada and each and every province or territory of Canada (including Revenu Québec) and any political subdivision thereof and any Canadian or foreign government, regulatory authority, government department, agency, commission, bureau, minister, court, tribunal or body or regulation making entity exercising taxing authority or power, and “Taxing Authority” means any one of the Taxing Authorities;

  • contracting authorities means the State, regional or local authorities, bodies governed by public law or associations formed by one or more such authorities or one or more such bodies governed by public law;

  • foreign regulatory authority means a securities commission, exchange or other securities market regulatory authority in a designated foreign jurisdiction;

  • Nuclear Regulatory Commission (NRC) means the U.S. Nuclear Regulatory Commission or its duly authorized representatives.

  • Foreign central authority means the entity designated by a foreign country described in section 102(e)(iv) to perform the functions specified in the Convention.

  • UCC Filing Authorization Letter means a letter duly executed by each Loan Party authorizing the Collateral Agent to file appropriate financing statements on Form UCC-1 without the signature of such Loan Party in such office or offices as may be necessary or, in the opinion of the Collateral Agent, desirable to perfect the security interests purported to be created by each Security Agreement and each Mortgage.

  • Regulatory Authorizations means all approvals, clearances, authorizations, registrations, certifications, licenses and permits granted by any Regulatory Authority, including all INDs and NDAs.

  • Local governmental entity means a county, municipality, school district, junior college district, or other political subdivision of this state or a local government corporation, board, commission, district, or authority to which a member is appointed by the commissioners court of a county, the mayor of a municipality, or the governing body of a municipality. The term does not include an association, corporation, or organization of governmental entities organized to provide to its members education, assistance, products, or services or to represent its members before the legislative, administrative, or judicial branches of the state or federal government.

  • Securities Regulators means collectively, the securities regulators or other securities regulatory authorities in the Selling Jurisdictions;

  • Gaming Authorities means any foreign, federal, state or local governmental entity or authority, or any department, commission, board, bureau, agency, court or instrumentality thereof, regulating gaming activities or related activities.

  • Public Procurement Regulatory Authority (PPRA) means the Government Agency responsible for oversight of public procurement.