income equalisation definition
income equalisation means a capital sum which shall be included in an annual or interim allocation of income in respect of each unit created, issued or sold during the accounting period which is the manager’s best estimate of the amount of income included in the creation price or the creation price by reference to which the issue or selling price of that unit was determined;
income equalisation means a capital sum which, in accordance with a power contained in the constituting instrument, is included in an allocation of income for a unit issued or sold during the accounting period in respect of which that income allocation is made;
income equalisation means an amount equal to the value determined on the basis referred to in regulation 5(1) as the offer basis by reference to the most recent valuation point of that part of the income property of the scheme which is attributable to units of the type in question in existence (or assumed, in accordance with regulation 4(1)(a), to be in existence) at that valuation point;
More Definitions of income equalisation
income equalisation. , means an amount equal to the value determined on the basis referred to in Article 61(1) as the offer basis by reference to the most recent valuation point of that part of the income property of the recognized fund which is attributable to units of the type in question which have been created (or assumed, in accordance with Article 57(2)(a) to have been created);
income equalisation means a capital sum included in an allocation of income;