SRA Management Company definition

SRA Management Company means a Non-profit company registered in terms of the Companies Act 2008 (Act 71 of 2008) to manage the SRA;
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SRA Management Company means a non-profit company with whom the Municipality concludes a Finance Agreement, as envisaged in clause 9 of this Policy read with the Special Rating Areas Policy;
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SRA Management Company means a Non-Profit Company formed in the process of establishing a SRA that is represented by a Board of Directors elected at an Annual General
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Examples of SRA Management Company in a sentence

  • The Term Budget of the SRA Management Company must be compliant with generally recognized accounting principles.

  • This study proposes the following framework of rhetorical analysis as one of suggestions to be critical; A Framework of Rhetorical Analysis 1.

  • The CFO must ensure that any amount paid in excess of an amount due to the SRA Management Company, is recovered, if necessary, by way of set off or any other legal mechanism available in law.

  • The SRA Management Company must provide the Municipality with its updated Business Plan by no later than 31 January for the next Municipal Financial Year to enable the Council to consider its recommendations regarding the annual budget amount of the Additional Rate during the municipal budgeting process.

  • Where a SRA Management Company is in breach of the Finance Agreement and fails to remedy the breach within the period determined in the Finance Agreement, the CFO may report such breach to the Council for the purpose of dissolving the SRA.

  • No funds will be made available to a SRA Management Company unless the Finance Agreement contains all the prescribed annexures including but not necessarily limited to a Business Plan and Term Budget.

  • The SRA Management Company must register on the Municipality’s supplier database as well as the national treasury database and keep the records updated in order for funds to be transferred by the Municipality to the SRA Management Company in terms of the Finance Agreement.

  • Amendment to boundaries shall be treated as a new application as contemplated in clause 9.2 above, with the exception of having to form a new SRA Management Company.

  • The SRA Management Company must commence with the provisions of the implementation plan within two months of receipt of funds in the first year of operation.

  • The SRA Management Company must enter into a Finance Agreement with the Municipality in terms of section 67 of the Municipal Finance Management Act incorporating a business plan and service level criteria, as determined by the CFO.

Related to SRA Management Company

  • Management Company means the firm overseeing the operation and management of the Participating Property; and shall mean the Grantee in any event wherein the Management Company is required to perform any obligations under this Agreement.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.