Ancillary Fund definition

Ancillary Fund means any mutual fund or registered investment company designated by Sponsor, which is (i) advised, sponsored or distributed by a duly licensed mutual fund or registered investment company other than the Custodian, and (ii) subject to a separate agreement between the Sponsor and such mutual fund or registered investment company, to which neither the Custodian nor the Service Company is a party; provided, however, that such mutual fund or registered investment company must be legally offered for sale in the state of the Depositor’s residence.
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Ancillary Fund means any mutual fund or registered investment company designated by Sponsor, which is (i)advised, sponsored or distributed by a duly licensed mutual fund or registered investment company other than the Custodian, and (ii) subject to a separate agreement between the Sponsor and such mutual fund or registered investment company, to which neither the Custodian nor the Service Company is a party; provided, however, that such mutual fund or registered investment company must be legally offered for sale in the state of the Depositor’s residence.
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Ancillary Fund means any mutual fund or registered investment company designated by Sponsor, which is
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Examples of Ancillary Fund in a sentence

  • The Trustee must keep or cause to be kept proper accounts in respect of all receipts and payments on account of the Trust Fund and of all dealings connected with the Trust Fund and must comply with the record keeping obligations of deductible gift recipients required by Subdivision 382-B of Schedule 1 to the TAA 53 and the Public Ancillary Fund Guidelines.

  • The market value of the assets of the Trust Fund must be estimated as required by the Public Ancillary Fund Guidelines.

  • The Trust is to be known as Baptist World Aid Australia Public Ancillary Fund.

  • Relevant Law 1 the Public Ancillary Fund Guidelines; 2 an Act of which the Commissioner has the general administration (including a part of an Act to the extent to which the Commissioner has the general administration of the part); 3 regulations under such an Act (including such a part of an Act); and 4 any other statute, regulation or law applicable to Public Ancillary Funds.

  • Public Ancillary Fund Guidelines the Public ancillary fund guidelines, as in force from time to time, made under section 426-103 of Schedule 1 to the TAA 53.

  • Public Ancillary Fund a trust of which each trustee of the trust is a constitutional corporation; and each trustee has agreed, in the approved form given to the Commissioner, to comply with the rules in the Public Ancillary Fund Guidelines, as in force from time to time; and none of the trustees has revoked that agreement in the approved form given to the Commissioner.

  • Despite any contrary provision of this Agreement, neither the Custodian nor the Service Company has any discretion with respect to the designation of any Ancillary Fund.

  • The parties to this Agreement recognize and agree that the Sponsor may from time-to-time designate an Ancillary Fund in which all or a portion of the contributions to a Custodial Account may be invested and reinvested.

  • Westpac Community Trust is a Public Ancillary Fund, endorsed by the ATO as a Deductible Gift Recipient and is not a part of Westpac Group.


More Definitions of Ancillary Fund

Ancillary Fund means any mutual fund or registered investment company designated by Sponsor, which is (i) advised, sponsored or distributed by a duly licensed
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Ancillary Fund means any Fund endorsed under Item 2 of the Table at Section 30-15 of ITAA 97. "Public Fund" means any public fund maintained separately from the general assets of the Foundation and includes all of the assets which Section 30-125(6) Income Tax Assessment Xxx 0000 requires to be transferred upon revocation of endorsement of the Foundation as a deductible gift recipient or other events specified in Sec 30-125(7).
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Ancillary Fund means any
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Ancillary Fund means any mutual fund or registered investment company designated by Sponsor, which is (i) advised, sponsored or distributed by a duly licensed mutual fund or registered investment company other than the Custodian, and (ii) subject to a separate agreement between the Sponsor and such mutual fund or registered investment company, to which neither the Custodian nor the Service Company is a party; provided, however, that such mutual fund or Participant may revoke the Custodial Account established hereunder by mailing or delivering a written notice of revocation to the Custodian within such time limits as may be specified in such regulations or rulings. Mailed notice is treated as given to the Custodian on date of the postmark (or on the date of Post Office certification or registration in the case of notice sent by certified or registered mail). Upon timely revocation, the Participant’s initial contribution will be returned as provided in such regulations or rulings. The Participant may certify in the Adoption Agreement that the Participant has received the Disclosure Statement related to the Custodial Account at least seven days before the Participant signed the Adoption Agreement to establish the Custodial Account, and the Custodian may rely upon such certification.
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Related to Ancillary Fund

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • Intercollegiate sport means a sport played at the collegiate level for which eligibility requirements for participation by a student athlete are established by a national association for the promotion or regulation of collegiate athletics.

  • Fundserv means the facility maintained and operated by Fundserv Inc. for electronic communication with participating companies, including the receiving of orders, order match, contracting, registrations, settlement of orders, transmission of confirmation of purchases, and the redemption of investments or instruments.

  • Distribution System means the system of wires and associated facilities between the delivery points on the transmission lines or the generating station connection and the point of connection to the installation of the consumers;

  • lodging house means a building designed or intended to contain, or containing Lodging Units where the residents share access to common areas of the building, other than the Lodging Units;