Exchange Control Regulations definition

Exchange Control Regulations means exchange controls that are administered by the South African Reserve Bank Exchange Control department and through commercial banks authorised to deal in foreign exchange. All international commercial transactions must be accounted for through these authorised financial exchange dealers.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Exchange Control Regulations means the Exchange Control Regulations, 1961 promulgated pursuant to the Currency and Exchanges Act, 1933;

Exchange Control Regulations means the South African Exchange Control Regulations, 1961, as amended (including any applicable directive and rulings of Exchange Control and National Treasury of South Africa).

Examples of Exchange Control Regulations in a sentence

As the Exchange Control Regulations change frequently and without notice, the Employee should consult the Employee’s legal advisor prior to the acquisition or sale of Shares under the Program to ensure compliance with current Exchange Control Regulations.
As the Exchange Control Regulations change frequently and without notice, you should consult your legal advisor prior to the acquisition or sale of Shares under the Plan to ensure compliance with current Exchange Control Regulations.
Because the Exchange Control Regulations change frequently and without notice, the Participant understands that he or she should consult a legal advisor prior to the acquisition or sale of shares under the Plan to ensure compliance with current regulations.
As the Exchange Control Regulations change frequently and without notice, the Participant should consult the Participant’s legal advisor prior to the acquisition or sale of Shares under the Plan to ensure compliance with current Exchange Control Regulations.
Because the Exchange Control Regulations change frequently and without notice, Grantee understands that Grantee should consult a legal advisor to ensure compliance with current regulations.

More Definitions of Exchange Control Regulations

Exchange Control Regulations means any regulation or controls or restrictions or limitations imposed by any government and/or national bank or other authority on private transactions conducted in foreign currency and/or on the purchase and/or sale of currencies, that aims to restrict the buying and selling of a national currency or to preserve foreign currency reserves. Controls may include a ban on the conversion of the proceeds of certain assets or by certain categories of person, an obligation to surrender foreign exchange proceeds to the central or local bank, authorisation requirements, quantitative limits or indirect methods and/or any other restrictions.

Exchange Control Regulations means the Exchange Control Regulations, 1961 promulgated under and in terms of the Currency Exchanges Act, together with such Regulations, Orders and Rules issued pursuant to and in accordance therewith;

Exchange Control Regulations means the South African Exchange Control Regulations, 1961, as promulgated by Government Notice R.1111 of 1 December 1961 and amended up to Government Notice No. R. 445 in Government Gazette No. 35430 of 8 June 2012;

Exchange Control Regulations means the South African exchange controls of the South African Reserve Bank regulated and promulgated in terms of the Currency and Exchanges Act (9 of 1933) and the related regulations, including the Exchange Control Regulations (1961), as amended or replaced from time to time;

Exchange Control Regulations means the Exchange Control Regulations, 1961, as amended, made in

Exchange Control Regulations means the Currency and Exchanges Act, 1933, the Exchange Control Regulations, 1961 promulgated pursuant to that Act, the policies, directives, circulars of the Financial Surveillance Department of the SARB (“FinSurv”) and the Currency and Exchanges Manual for Authorised Dealers (each as amended from time to time).

Exchange Control Regulations. ’ means the Exchange Control Regulations, 1961, 20