AFSL Holder definition
Examples of AFSL Holder in a sentence
In accordance with Schedule 3, the AFSL Holder and the Corporate Authorised Representative agree that the AFSL Holder will issue tax invoices in respect of supplies by the Corporate Authorised Representative whilst the Corporate Authorised Representatives satisfies the requirements of the GST Law.
The Corporate Authorised Representative shall cause all income derived or received by the Corporate Authorised Representative as a representative of the AFSL Holder, to be paid directly to the AFSL Holder.
The Corporate Authorised Representative must retain and the AFSL Holder must be permitted to inspect all records at any time to comply with the Applicable Law.
In accordance with the Corporations Act, the AFSL Holder may at any time revoke the appointment of Corporate Authorised Representative as a Corporate Authorised Representative of the AFSL Holder by giving written notice to the Corporate Authorised Representative.
The Corporate Authorised Representative may terminate this agreement by giving the AFSL Holder not less than 3 months written notice of its termination or such lesser period of notice as the parties agree in writing.
Except as specifically provided in this Agreement, all intellectual property used or developed in connection with this Agreement or the provision of the Relevant Financial Services (whether or not developed by, or in conjunction with, the Corporate Authorised Representative), belongs to the AFSL Holder and must only be used in accordance with this Agreement or the AFSL Holder’s written authority.
The AFSL holder and Corporate Authorised Representative agree that the AFSL Holder will issue tax invoices in respect of supplies by the Corporate Authorised Representative in accordance with Schedule 3.
The Corporate Authorised Representative acknowledges that the AFSL Holder will determine in its discretion the portion of the premium to be remitted.
On termination the Corporate Authorised Representative agrees to set off any commission, brokerage, or other money owing by the AFSL Holder to the Corporate Authorised Representative against any debt, damages or amount due by the Corporate Authorised Representative to the AFSL Holder on any account whatsoever.
In accordance with the Corporations Act, the AFSL Holder may at any time revoke the appointment of the Corporate Authorised Representative as a corporate authorised representative of the AFSL Holder by giving written notice to the Corporate Authorised Representative.