Equalisation Account definition

Equalisation Account means an equalisation account which may in the discretion of the Directors be maintained in respect of any Fund in accordance with clause 26 of Schedule 1.
Equalisation Account means an account maintained in accordance with article 111 (4) hereof and to which shall be credited all Equalisation Payments;
Equalisation Account means such an account as may be maintained at the discretion of the Directors in accordance with Clause 118 hereof;

More Definitions of Equalisation Account

Equalisation Account means such an account as may be maintained at the discretion of the Directors in accordance with Article 68 hereof.
Equalisation Account means such an account as may be maintained at the discretion of the Directors;
Equalisation Account means an Equalisation Account which may in the discretion of the Directors be operated in respect of a Class Fund in accordance with Article 53;
Equalisation Account means the account established pursuant to sub-clause 8.5;