Fund administration definition

Fund administration means any administrative work related to registration of members of the fund and preparation and despatch for each employee statements of employees’ savings and employer’s contribution as well as benefits thereof;
Fund administration means any administrative work relating to registration of members of a fund, and preparation and delivery of reports on contributions by each employee and by his/her employer, as well as benefits arising thereof. Clause 158 A private fund management company shall prepare and submit to the SEC Office a monthly report on the status and investments made by each private fund in the form and in accordance with the procedures specified by the SEC Office within the 20th day of the following month, through the electronic system established by the SEC Office, in accordance with the regulations of the Office of the Securities and Exchange Commission Re: Electronic Data Transmission.The provisions of this Clause shall not apply to a private fund that is a provident fund. Clause 159 A private fund management company shall prepare a report on deposit of assets of each private fund with each custodian on the last business day of each year and submit it to the SEC Office within 30 days from the last calendar day of each year. Such report shall be made in the form and in accordance with the procedures set by the SEC Office. Clause 160 In the management of a private fund that is a provident fund, the private fund management company shall prepare and submit the following information about the management of such fund in the form and in accordance with the procedures set by the SEC Office.

Examples of Fund administration in a sentence

  • Fund administration is through the State Employees Retirement Commission and the Office of the State Comptroller.

  • The costs for asset management, Fund administration (comprising the costs of the Management Company, administration and Custodian Bank) and distribution are charged to investors under the aforementioned agreements.

  • Eligibility‌Applicants who are temporarily in a municipality which is not their municipality of residence and who do not intend to make a residence there are nonetheless eligible to receive general assistance, provided they are poor and unable to support themselves.

  • Fund administration is overseen by The Teachers’ Retirement Board, which is within the Office of the State Comptroller for administrative purposes only.

  • Fund administration is overseen by the Office of the State Comptroller.

  • The costs for asset management, Fund administration (comprising the costs of the Management Company, administration and Custodian Bank) and distribution are charged to investors under the aforementioned agreement.

  • A fee covering the costs for Fund administration (com- prising the costs of the Management Company, administration and Cus- todian Bank) is charged directly to the Subfund.

  • The State’s Attorneys’ Retirement Fund (“SARF”) was established by Public Act 84-399(S.9.17) Fund administration is through the State Employees Retirement Commission and the Office of the State Comptroller.

  • The Fund administration is carried out by CACEIS Fund Administration.

  • The Company has outsourced the following activities to third parties: ■ Internal audit of the Company; outsourced to Baker Tilly GmbH & Co KG Wirtschaftsprüfungsgesellschaft, Cecilienallee 6-7, D-40474 Düsseldorf ■ Fund administration and risk assessment: outsourced to Société Générale Securities Services GmbH, Humboldtstraße 8, 85609 Aschheim.

Related to Fund administration

  • Fund Administrator means the fund administrator, manager, trustee or similar person with the primary administrative responsibilities for a Fund according to the relevant Fund Documents.

  • Misadministration means the administration of:

  • Notice and Administration Costs means the costs, fees, and expenses that are incurred by the Claims Administrator and/or Lead Counsel in connection with: (i) providing notices to the Settlement Class; and (ii) administering the Settlement, including but not limited to the Claims process, as well as the costs, fees, and expenses incurred in connection with the Escrow Account.

  • Self-administration means carrying and taking medication without the intervention of the school nurse, approved through the school district policy and restricted to students with asthma, other potentially life-threatening illnesses or life-threatening allergic reaction.

  • CFD Administrator means an official of the City, or designee thereof, responsible for determining the Special Tax Requirement and providing for the levy and collection of the Special Taxes.

  • General and Administrative Costs means reasonable, normal and customary expenses and costs paid or payable that are classified as general and administrative costs, including salaries and all other compensation to the management of the Borrower, consulting fees, salary, rent, supplies, travel and entertainment, insurance, accounting, legal, engineering and broker related fees, required to manage the affairs of the Borrower.

  • Contract administration means all functions, duties, and responsibilities

  • Notice and Administration Expenses means all costs, fees, and expenses incurred in connection with providing notice to the Settlement Class and the administration of the Settlement, including but not limited to: (i) providing notice of the proposed Settlement by mail, publication, and other means to Settlement Class Members; (ii) receiving and reviewing claims; (iii) applying the Plan of Allocation; (iv) communicating with Persons regarding the proposed Settlement and claims administration process; (v) distributing the proceeds of the Settlement; and (vi) fees related to the Escrow Account and investment of the Settlement Fund.

  • Fund Adviser means any entity that acts as a manager, adviser or sub-adviser to a Legg Mason Fund.

  • Behavioral health administration or "BHA" means

  • Medication administration means the direct application of a medication or device by ingestion, inhalation, injection or any other means, whether self-administered by a resident, or administered by a guardian (for a minor), or an authorized health care provider.

  • CFAF means the currency of the Borrower;

  • Claims Administration means the processing of claims made under the Shared Policies, including the reporting of claims to the insurance carriers, management and defense of claims and providing for appropriate releases upon settlement of claims.

  • Telephone Banking means banking services available from time to time by telephone;

  • Finance Officer means the Comptroller of the City or her authorized agent.

  • General education means the compulsory school attendance phase as referred to in section 3 of the South African Schools Act, 1996 (Act No. 84 of 1996); and

  • Online Banking is the internet-based service providing access to your Bank account(s);

  • Administration Fund means the Administration Fund established by the Fiscal Agent pursuant to Section 4.01 hereof.

  • Corporate Finance Fee means the fee to be paid to the Agent by the Issuer in consideration of corporate finance and structuring services provided by the Agent;

  • Digital Banking (a) means our present and future online banking services which can be accessed through 365 Online, Business Online, Bank of Ireland Mobile Banking, and services available on www.bankofireland.com; and

  • Settlement Administration Costs means all costs and fees of the Settlement Administrator regarding Notice and Settlement administration.

  • Chief Finance Officer means the officer having responsibility for the purposes of section 151 of the Local Government Act 1972 (financial administration) for the administration of the local authority’s financial affairs.

  • Maritime agency services means activities consisting in representing, within a given geographic area, as an agent the business interests of one or more shipping lines or shipping companies, for the following purposes:

  • Direct medical education costs means costs directly associated with the medical education of interns and residents or other medical education programs, such as a nursing education program or allied health programs, conducted in an outpatient setting, that qualify for payment as medical education costs under the Medicare program. The amount of direct medical education costs is determined from the hospital base-year cost reports and is inflated in determining the direct medical education rate.

  • General Manager means the Officer-in-Charge of the general superintendence and control of the Zonal Railway/Production Units and shall also include the General Manager (Construction) and shall mean and include their successors, of the Successor Railway.

  • CDO shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”