ISAct definition

ISAct means the Investment Services Act (Cap. 370, Laws of Malta).
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ISAct means the Investment Services Act (Cap. 370, Laws of Malta). “Licence” means a collective investment scheme licence granted to the Company and any Sub-Fund, as the case may be, by the MFSA in terms of article 6 of the ISAct. “Licence Conditions” means the conditions imposed on the Company and any Sub-Fund, as the case may be, by the MFSA in terms of article 6(2)(a) of the ISAct following issuance of a Licence. “Member” means a person who is registered as the holder of Shares in the Register and shall include both the Founder Shareholders and the Investor Shareholders. “Memorandum” means the memorandum of association of the Company. “MFSA” means the Malta Financial Services Authority and/or any successor competent authority under the ISAct exercising supervisory and regulatory powers over the Company. “Minimum Dealing Amount” means the minimum amount in value of Investor Shares, as may be specified in the Prospectus, that may be subscribed for subsequent to the initial application, redeemed, exchanged or transferred. Unless otherwise specified in the Prospectus, the Minimum Dealing Amount shall not apply to equalisation Shares. “Minimum Holding” means the minimum amount or value of Investor Shares, as may be specified in the Prospectus, that must be held by a holder of Investor Shares at all times. “Minimum Investment” means the minimum amount or value of Investor Shares, as may be specified in the Prospectus, that must be subscribed for by any prospective holder of Investor Shares. “Net Asset Value” means the net asset value of the Company or of any Sub- Fund or of any class of Investor Shares determined as at a Valuation Point in accordance with Article 11 and the Prospectus. “Net Asset Value per Share” means the Net Asset Value of any Sub-Fund or of any class of Investor Shares divided by the number of Investor Shares of that Sub-Fund or class in issue or deemed to be issued as at a Valuation Point. “Officer” means any Director or the Secretary.
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Related to ISAct

  • Public organic record means a record that is available to the public for inspection and is:

  • Depositories Act means The Depositories Act, 1996 and shall include any statutory modification or re-enactment thereof.

  • Commissioner-General means the Commissioner-General appointed under the Zambia Revenue Authority Act;

  • 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;

  • Procurement organization means an eye bank, organ procurement organization, or tissue bank.