Examples of FMC Act in a sentence
Where an instrument of transfer would have complied with the provisions of the FMC Act if it had been executed by the transferor in New Zealand, it may nevertheless be registered by the Company if it is executed in a manner acceptable to the Company or the Company’s share registrar.
We are licensed by the Financial Markets Authority (FMA) to be a manager of registered managed investment schemes under the FMC Act.
These regulations may change from time to time, so you will need to keep abreast of any new regulations.The FMC Act and regulations also contain many obligations that you will need to comply with when you have a licence even though they are not called licence conditions.
This Offer Document has been prepared in accordance with Australian law and has not been registered, filed with, or approved by the New Zealand regulatory authority under the FMC Act.
Applicable regulations include the Financial Markets Conduct Regulations 2014 (the ‘Regulations’) and any other regulations that are made pursuant to Part 9 of the FMC Act (together the ‘Applicable Regulations’).
There is a definition of ‘senior manager’ in section 6 of the FMC Act to guide you.
This includes:• Your directors and senior managers already covered in the previous section• Other senior key people and managers you haven’t told us about yet, for example someone heading a key business unit who doesn’t meet the definition of ‘senior manager’ in the FMC Act (because they don’t have a significant influence on the management or administration of the entity as a whole).b.
Under the FMC Act a related body corporate generally means a company in the same corporate group as the main applicant.• An authorised body is named on your licence and can perform the licensed service, or any part of it.
Regulations made pursuant to the FMC Act may impose additional conditions on your licence.
The Supervisor and Custodian must comply with section 160 of the FMC Act in relation to any direction given in accordance with this clause.