Institutions Act definition

Institutions Act means the “Regime Geral das Instituições de Crédito e Sociedades Financeiras” approved by Decree-Law 298/92, of 31 December 1992, as amended or superseded from time to time, laying down the Portuguese legal regime governing certain aspects of incorporation, organisation and operation of credit institutions, financial companies and investment firms;

Examples of Institutions Act in a sentence

  • Section 7(b)(5) of the Federal Depository Institutions Act requires each insured depository institution to maintain records for verifying the correctness of the institution’s insurance assessment for five (5) years from the date of filing.

  • The Garn-St. Germain Depository Institutions Act of 1982 sets forth nine specific instances in which no mortgage lender covered by that Act may exercise a “due-on-sale” clause upon a transfer of property.

  • Administration of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993).

  • Modification of financial institutions’ shares structure According to section 15 of the Financial Institutions Act, institutions have to report any negotiation on share packages producing changes in the classification of the institution or alteration to the structure of shareholding groups.

  • The Banks Act 23 of 1965 has been replaced by the Banking Institutions Act 2 of 1998.

  • To the extent that claims in relation to the Covered Bonds and relating derivative agreements are not met out of the assets of the Issuer that are covered in accordance with the Financial Institutions Act, the residual claims will rank pari passu with the unsecured and unsubordinated obligations of the Issuer.

  • SCBMB was granted a license on 1 July 1994 under the Banking and Financial Institutions Act, 1989 (now known as the Financial Services Act 2013).

  • An approved charitable institution as defined in the Charitable Institutions Act.

  • Licensing of new financial institutions The establishment of new financial institutions requires licensing from the BCRA, according to section 7 of theFinancial Institutions Act.

  • Effective from the year of assessment 2017, the exemption shall not apply to interest paid or credited to a company in the same group or interest paid or credited to a bank licensed under the Financial Services Act 2013 or the Islamic Financial Services Act 2013; or a development financial institution prescribed under the Development Financial Institutions Act 2002.

Related to Institutions Act

  • Corporations Act means the Corporations Act 2001 (Cth).

  • UK Bail-in Legislation means Part I of the United Kingdom Banking Act 2009 and any other law or regulation applicable in the United Kingdom relating to the resolution of unsound or failing banks, investment firms or other financial institutions or their affiliates (otherwise than through liquidation, administration or other insolvency proceedings).

  • Banks Act means the Banks Act, 1990 (Act No. 94 of 1990);

  • Bail-In Legislation means, with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law for such EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule.

  • AML Legislation has the meaning assigned to such term in Section 9.16(a).

  • Banking Act means the UK Banking Act 2009, as amended.

  • Labour Relations Act means the Labour Relations Act, 1995 (Act No. 66 of 1995);

  • National Labor Relations Act means the National Labor Relations Act, as amended.

  • provincial legislation means legislation contemplated in section 10 of the Act promulgated by the Province;

  • Business Corporations Act means the Business Corporations Act (British Columbia) from time to time in force and all amendments thereto and includes all regulations and amendments thereto made pursuant to that Act;

  • Communications Act means the Communications Act of 1934, as amended.

  • Insolvency Legislation means legislation in any applicable jurisdiction relating to reorganization, arrangement, compromise or re-adjustment of debt, dissolution or winding-up, or any similar legislation, and specifically includes for greater certainty the Bankruptcy and Insolvency Act (Canada), the Companies’ Creditors Arrangement Act (Canada) and the Winding-Up and Restructuring Act (Canada).

  • Data Protection Legislation means the Data Protection Act 1998 and all applicable laws and regulations relating to processing of personal data and privacy, including where applicable the guidance and codes of practice issued by the Information Commissioner or relevant Government department in relation to such legislation;

  • UK Data Protection Legislation means all applicable data protection and privacy legislation in force from time to time in the UK including the UK GDPR; the Data Protection Act 2018; the Privacy and Electronic Communications Directive 2002/58/EC (as updated by Directive 2009/136/EC) and the Privacy and Electronic Communications Regulations 2003 (SI 2003/2426) as amended.

  • WHS Act means the Work Health and Safety (National Uniform Legislation) Act 2011 (NT) and includes subordinate legislation made under that Act including regulations and approved codes of practice as well as any amendment, re-enactment or replacement of such Act ; and

  • Tax Legislation means all statutes, statutory instruments, orders, enactments, laws, by-laws, directives and regulations, whether domestic or foreign decrees, providing for or imposing any Tax.

  • Union harmonisation legislation means any Union legislation harmonising the conditions for the marketing of products;

  • Protection Legislation means (i) the GDPR; (ii) the Data Protection Act 2018 to the extent that it relates to the processing of Personal Data and privacy; and (iii) all applicable Law relating to the processing of Personal Data and privacy, including where applicable the guidance and codes of practice issued by the Information Commissioner, in each case as amended, supplemented or substituted from time to time; Domestic Successor means, as the context requires, either:

  • OHS Act means the Occupational Health and Safety Act 2004;

  • other applicable legislation means any other legislation applicable to municipal supply chain management, including –

  • Australian Corporations Act means the Corporations Xxx 0000 (Cth) of Australia.

  • FOI Legislation means the Freedom of Information Xxx 0000, all regulations made under it and the Environmental Information Regulations 2004 and any amendment or re-enactment of any of them; and any guidance issued by the Information Commissioner, the Department for Constitutional Affairs, or the Department for Environment Food and Rural Affairs (including in each case its successors or assigns) in relation to such legislation;

  • NICs Legislation means the Social Security (Categorisation of Earners) Regulations 1978;

  • Enabling Legislation means the CCA;

  • Bribery Legislation means the Bribery Act 2010 and any subordinate legislation made under it from time to time together with any guidance or codes of practice issued by the government concerning the legislation;

  • OFAC Regulations means the regulations promulgated by OFAC, as amended from time to time.