Exchange Control Regulations definition

Exchange Control Regulations means exchange controls that are administered by the South African Reserve Bank Exchange Control department and through commercial banks authorised to deal in foreign exchange. All international commercial transactions must be accounted for through these authorised financial exchange dealers.

Exchange Control Regulations means the Exchange Control Regulations, 1961 promulgated under and in terms of the Currency Exchanges Act, 1933 (Act No. 9 of 1933), together with such Regulations, Orders and Rules issued pursuant to and in accordance therewith;

Exchange Control Regulations means the South African Exchange Control Regulations, 1961, as amended (including any applicable directive and rulings of Exchange Control and National Treasury of South Africa).

Examples of Exchange Control Regulations in a sentence

• Declaring that Regulation 3(5) of the Exchange Control Regulations is inconsistent with the Constitution and are invalid.

• A summary of the Exchange Control Regulations relating to the Fund are set out in Annexure 3.

• If the units are held by any person in breach of the Regulations, law or requirements of any governmental, statutory authority including, without limitation, Exchange Control Regulations, the Fund may mandatorily redeem all the units of any Unit holder where the units are held by a Unit holder in breach of the same.

• In the alternative to prayers 1 to 3 above, declaring that the Exchange Control Regulations in their entirety are inconsistent with the Constitution and are invalid.

• Declaring that paragraphs (a), (c) and (d) of Regulation 3(1) of the Exchange Control Regulations as promulgated by Government Notice R1111 of 1 December 1962 and as amended (“the Exchange Control Regulations”) are inconsistent with the Constitution and are invalid.

More Definitions of Exchange Control Regulations

Exchange Control Regulations means the Exchange Control Regulations, 1961 promulgated pursuant to the Currency and Exchanges Act, 1933;

Exchange Control Regulations means the Exchange Control Regulations, 1961 as promulgated by Government Notice R.1111 of 1961-12-01, as amended from time to time;

Exchange Control Regulations means the South African Exchange Control Regulations, 1961, as promulgated by Government Notice R.1111 of 1 December 1961 and amended up to Government Notice No. R. 445 in Government Gazette No. 35430 of 8 June 2012;

Exchange Control Regulations means any regulation or controls or restrictions or limitations imposed by any government and/or national bank or other authority on private transactions conducted in foreign currency and/or on the purchase and/or sale of currencies, that aims to restrict the buying and selling of a national currency or to preserve foreign currency reserves. Controls may include a ban on the conversion of the proceeds of certain assets or by certain categories of person, an obligation to surrender foreign exchange proceeds to the central or local bank, authorisation requirements, quantitative limits or indirect methods and/or any other restrictions.

Exchange Control Regulations means the South African exchange controls of the South African Reserve Bank regulated and promulgated in terms of the Currency and Exchanges Act (9 of 1933) and the related regulations, including the Exchange Control Regulations (1961), as amended or replaced from time to time;

Exchange Control Regulations means the South African Exchange Control Regulations, promulgated in terms of the South African Currency and Exchanges Act, 1933 (Act No. 9 of 1933), as amended from time to time;

Exchange Control Regulations. ’ means the Exchange Control Regulations, 1961, 20