Global Business Licence definition

Global Business Licence means a Category 1 Global Business Licence or a Category 2 Global Business Licence issued under the Financial Services Act;
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Global Business Licence as defined under the FSA means a licence issued under section 72(6) and includes a licence issued to an external insurer;
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Global Business Licence means a licence issued under section 72(6);
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Examples of Global Business Licence in a sentence

  • As from 1st July 2021, the Company’s GBL1 licence will be automatically converted to a Global Business Licence (“GBL”).

  • Where the Commission is satisfied on reasonable grounds that the revocation of the Global Business Licence is necessary to protect the good repute of Mauritius as a centre for financial services, to prevent or mitigate damage to the integrity of financial services industry or any part thereof, or to protect the public in general, it may revoke a Global Business Licence.

  • This section shall not apply to a private company holding a Category 1 Global Business Licence or a Category 2 Global Business Licence unless the person is a shareholder, officer, management company or registered agent, of that company.

  • Amended by [Act No. 20 of 2002] (4) Except in the case of a company holding a Category 1 Global Business Licence or a Category 2 Global Business Licence, the stated capital of the company shall be expressed in Mauritius currency unless written approval to express the stated capital in another currency is obtained from the Registrar in the same manner as under section 213.

  • A corporation holding a Category 2 Global Business Licence shall, at all times, have a registered agent in Mauritius who shall be a management company.

  • A corporation holding a Category 1 Global Business Licence shall be deemed to comply with subsection (1) where the audited financial statements are prepared in accordance with such internationally recognised accounting standards as may be agreed with the Commission from time to time.

  • A corporation holding a Category 1 Global Business Licence shall at all times be administered by a management company.

  • The Commission may, by FSC Rules, provide for exceptions, limitations or restrictions to any requirement under this Part with regard to an applicant for or to any corporation holding a Global Business Licence or any class of applicant for or corporation holding a Global Business Licence.

  • If this Letter of Transmittal (or copy hereof) is signed by the registered Holder(s) of Outstanding Notes tendered and the certificate(s) for Exchange Notes issued in exchange therefor is to be issued (or any untendered number of Outstanding Notes is to be reissued) to the registered Holder, such Holder need not and should not endorse any tendered Outstanding Note, nor provide a separate bond power.

  • No application for a Category 2 Global Business Licence shall be made by a resident corporation unless it is a private company and it proposes to conduct a business activity other than those set out in the Fourth Schedule.


More Definitions of Global Business Licence

Global Business Licence means a Category 1 lobal Business Licence issued under the Financial Services Act;
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Related to Global Business Licence

  • Valid business purpose means one or more business purposes that alone or in combination

  • Additional Business Centre(s means the city or cities specified as such in the relevant Final Terms;

  • Local Business means a business serving as a contractor as defined in Business and Professions Code section 7026 or a business supplying construction-related materials that has its principal headquarters or permanently staffed regional office and that has held a business license within the zip codes listed above for Local Hire for a minimum of three months prior to the date the entity submits a bid, contract, or proposal for a Public Project. A Local Business contractor must also be properly registered with the Department of Industrial Relations in accordance with Labor Code section 1725.5. Local Business shall also mean any state or nationally certified minority-owned, women-owned, or disabled veteran business that has performed work for the District or other public agency within the zip codes listed above for Local Hire during the past four years. Certification for a disabled veteran business must be provided to the District. Local Business shall also mean a business that participates in an internship program that is currently approved or recognized by the District. The entity may also apply to obtain District approval of its internship program. The internship program must be approved by the District and must be completed by the end of the specific Public Project or by the next semester immediately after completion of the specific Public Project. Local Business shall also mean any entity that uses apprentices from a District approved apprenticeship program.

  • Business Centre means each of the places so specified in the relevant Pricing Supplement.

  • Annual Business Plan means the development plan and budget report for Party B’s Business in the next calendar year which is prepared by Party B with the assistance of Party A pursuant to this Agreement before November 30 of each year.

  • special business means all business transacted at a special meeting of shareholders and all business transacted at an annual meeting of shareholders, except consideration of the financial statements, auditor's report, election of directors and reappointment of the incumbent auditor;

  • Company Business means the business of the Company as presently conducted.

  • Active business operations means all business operations that are not inactive business operations.

  • Resident Business or “Resident Contractor” means an entity that has a valid resident certificate issued by the NM Taxation and Revenue Department pursuant to Section 13-1-22 NMSA 1978.

  • Licensed Business means the activities connected with the conveyance of

  • business name or "trade name" means the name of a licensed business as used by the licensee on signs and advertising.

  • Ohio Business Gateway means the online computer network system, created under section 125.30 of the Ohio Revised Code, that allows persons to electronically file business reply forms with state agencies and includes any successor electronic filing and payment system.

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Owned Company Intellectual Property means that portion of the Company Intellectual Property and Company Intellectual Property Rights that is owned by the Company Entities.