Exchange Controls definition

Exchange Controls. ( ) means controls or restrictions imposed by the government of a country on the exchange of the currency of that country for the currency of another country;
View Source
Exchange Controls means any exchange controls, capital restrictions or other similar restrictions imposed by any monetary or other authority.
View Source
Exchange Controls means the restrictions applicable to residents and non-residents under the Exchange Control Regulations on, inter alia, the remittance of funds from the Common Monetary Area to a country outside of the Common Monetary Area;
View Source

Examples of Exchange Controls in a sentence

  • The Customer will obtain any approval as may be required from time to time pursuant to Foreign Exchange Controls for Malaysia which is determined by the Foreign Exchange Administration (FEA) Department of BNM.

  • It is not possible to predict when existing Exchange Controls will be abolished or modified by the South African Government in the future.

  • In case the sale of goods is in the course of export from India or the consideration is agreed in foreign currency, the performance of the Company shall be subject to the Exchange Controls or policies of the Government of India.

  • The information in the Pricing Disclosure Package and in the Prospectus Supplement under "Enforcement of Civil Liabilities", "Banking Regulation", "Taxation - Certain Colombian Tax Considerations", “Risk Factors”, “Description of the Notes” and "Foreign Exchange Controls and Exchange Rates", and to the extent that it constitutes matters of law, the summaries of legal matters the Company’s charter or legal conclusions, has been reviewed by us and is accurate in all material respects.

  • The focus of regulation, subsequent to the abolition of Exchange Controls, is expected to favour the positive aspects of prudent financial supervision.

  • The South African Minister of Finance has indicated that all remaining Exchange Controls are likely to be dismantled as soon as circumstances permit.

  • The gradual approach to the abolition of Exchange Controls adopted by the Government of South Africa is designed to allow the economy to adjust more smoothly to the removal of controls that have been in place for a considerable period of time.

  • Although Exchange Controls have been gradually relaxed since 1996, unlimited outward transfers of capital are not permitted at this stage.

  • The Minister, as the Offeree, shall not be entitled to ac- cept an Offer from the SEP unless all Exchange Controls Approv- als necessary for the payment by the Minister to the SEP of the Of- fered Share Price and, if applicable, the Offered Class B Share Price, in accordance with Clause 17.

  • The Exchange Controls and Conversion requirements for this Agreement are as set forth in Section 13.11 of the LDA.


More Definitions of Exchange Controls

Exchange Controls insofar as they purport to describe the provisions of the laws and documents referred to therein, are accurate, complete and fair in all material respects;
View Source
Exchange Controls fairly summarize the matters therein described.
View Source
Exchange Controls means the restrictions applicable to residents and non-residents under
View Source
Exchange Controls. “Related Party Transactions”, “Taxation”, “Financial Information”, “Legal Proceedings”, “Financial Information—Dividend Policy”, “Memorandum and Articles of Association” and “Other Regulations” of the Annual Report on Form 20-F for the year ended December 31, 2016, filed with the SEC on April 24, 2017 and incorporated by reference in the Preliminary Prospectus and the Final Prospectus, to the extent that such statements constitute summaries of documents governed by or issued pursuant to Argentine law or Argentine legal proceedings or refer to matters of Argentine law or legal conclusions under Argentine law, are accurate and complete in all material respects and present fairly the information purported to be shown therein.
View Source
Exchange Controls means the restrictions applicable to residents and non-residents under Exchange Control Regulations on, inter alia, the remittance of funds from the Common Monetary Area to a country outside of the Common Monetary Area; “Exchange Control Regulations” means the South African Exchange Control Regulations, 1961, promulgated in terms of section 9 of the South African Currency and Exchanges Act, No. 9 of 1933, as amended from time to time; “Existing Empowerment Transaction” means the BEE transaction implemented by SABMiller in 2010, as more fully described in Section 2A, paragraph 1.1 on page 40 of this Prospectus; “FICA” means the Financial Intelligence Centre Act, No. 38 of 2001, as amended from time to time; “Financial Markets Act” means the Financial Markets Act, No. 19 of 2012, as amended from time to time; “Implementation Agreement” has the meaning ascribed to the term in Section 2A, paragraph 2.8.1.1 on page 45 of this Prospectus; “Independent Reporting Accountant” means PricewaterhouseCoopers Inc., a personal liability company incorporated in accordance with the laws of South Africa under registration number: 1198/012055/21; “JSE” means, as the context requires, either: (i) the JSE Limited, a public company incorporated in accordance with the laws of South Africa under registration number: 2005/022939/06 and licensed as an exchange under the Financial Markets Act; or (ii) the securities exchange operated by the aforementioned company; “JSE Equities Rules and Directives” means the rules and directives governing the JSE equities trading system; “JSE Guarantee Fund” has the meaning ascribed to the term in the JSE Listings Requirements from time to time; “JSE Listings Requirements” means the listings requirements of the JSE, as amended from time to time; “JSE Member” means a member of the JSE; “Last Practicable Date” means the last practicable date prior to the finalisation of this Prospectus, being 10 February 2020; “Liquidity Option” means the mechanism to assist SAB Zenzele Retailer Shareholders who:(i) have voted against the SAB Zenzele Scheme; and (ii) subsequently wish to dispose of the SAB Zenzele Kabili Ordinary Shares received by them pursuant to the Scheme, by enabling them to sell some or all of such SAB Zenzele Kabili Ordinary Shares to the New ESOP and/or The SAB Foundation. Details of the Liquidity Option will be communicated to the relevant SAB Zenzele Retailer Shareholders after implementation of the SAB Zenzele Scheme; “King Code” means the...
View Source

Related to Exchange Controls

  • Exchange Contract means a contract for Commodity approved by SFC and the HKFE for trading on one of the markets from time to time established and operated by the HKFE which may result in a Futures Contract and/or an Options Contract.

  • Interim controls means a set of measures designed to temporarily reduce human exposure or likely exposure to lead-based paint hazards, including specialized cleaning, repairs, maintenance, painting, temporary containment, ongoing monitoring of lead-based paint hazards or potential hazards, and the establishment and operation of management and resident education programs.

  • Change Control means the process set out in Section 2.6.

  • Institutional Controls or “ICs” shall mean Proprietary Controls and state or local laws, regulations, ordinances, zoning restrictions, or other governmental controls or notices that: (a) limit land, water, or other resource use to minimize the potential for human exposure to Waste Material at or in connection with the Site; (b) limit land, water, or other resource use to implement, ensure non-interference with, or ensure the protectiveness of the RA; and/or (c) provide information intended to modify or guide human behavior at or in connection with the Site.

  • Internal Controls has the meaning set forth in Section 4.07(d).