SRS operator definition

SRS operator means any company approved by the Minister, or such person as he may appoint, for the purposes of the Supplementary Retirement Scheme;
SRS operator means the relevant bank appointed by the Ministry of Finance from time to time to operate SRS Accounts. “SRS Units” means Units subscribed or purchased using SRS Contributions.
SRS operator means any bank operating an SRS from time to time.

Examples of SRS operator in a sentence

  • Before investing, you should check with your SRS operator bank on whether a RSP using SRS monies is available.When payment is debited:Payment will be debited from the relevant account on:• for monthly RSP subscriptions: the 25th calendar day of each month;• for quarterly RSP subscriptions: the 25th calendar day of thelast month of each calendar quarter.

  • You must indicate that you are using SRS monies in the relevant application form, which also contains your instructions to your SRS operator bank to withdraw the relevant subscription monies from your SRS account.

  • Before investing, you should check with your SRS operator bank on whether a RSP using SRS monies is available.When payment is debited:Payment will be debited from the relevant account on:• for monthly RSP subscriptions: the 25th calendar day of each month;• for quarterly RSP subscriptions: the 25th calendar day of the last month of each calendar quarter.

  • Subject to the applicable terms and conditions imposed by the relevant SRS operator and any relevant competent authority, if you wish to subscribe for Units with your SRS monies, you will have to give a written authorisation to the relevant SRS operator for monies to be withdrawn from your SRS account to pay for the subscription of Units.

  • You must indicate that you are using SRS monies in the relevant application form, which also contains your instructions to your SRS operator bank to withdraw the relevant subscription monies from your SRS account.Other salient terms:• We may, acting in consultation with the Trustee, accept or reject any application for Units at our absolute discretion.


More Definitions of SRS operator

SRS operator means the relevant bank appointed by the Ministry of Finance from time to time to operate SRS Accounts.
SRS operator means any of the designated banks as appointed by the Minister of Finance from time to time to operate SRS Accounts.
SRS operator means any bank designated as an SRS Operator for the purpose of the SRS by the Ministry of Finance of Singapore. a Sub-Fund. A day will not be a Dealing Day for the Fund where either as a result of public holidays or market/stock exchange closures in any jurisdiction it is difficult (i) to administer the Fund or (ii) value a portion of the Fund’s assets. For further details on non-Dealing Days throughout the year, Unitholders and prospective investors should contact the Administrator and Transfer Agent or consult the Fund’s non-Dealing Days’ calendar (a copy of which is also available from the Administrator and Transfer Agent). PINEBRIDGE GLOBAL FUNDSSINGAPORE PROSPECTUS Table of Contents Paragraph Page No.IMPORTANT INFORMATION iiDIRECTORY vINTERPRETATION vi
SRS operator means a bank appointed to operate Supplementary Retirement Scheme accounts.
SRS operator means any bank designated as an SRS Operator for the purpose of the SRS by the Ministry of Finance of Singapore.
SRS operator means any financial institution that participates in the SRS Scheme and acts as a Custodian of contributions made under the SRS Scheme pursuant to an agreement with the Ministry of Finance.
SRS operator means any approved financial institution with which an SRS Account is opened and maintained;