Examples of Savings Authority in a sentence
In January 2016, the Commissioner’s position was submitted which stated that the policy definition of the insured event does not violate the instructions of the Capital Market, Insurance and Savings Authority and that the policy which is the subject of the claim was approved separately by the Capital Market, Insurance and Savings Authority.
In June 2016, an action was filed in the Tel Aviv District Court, together with a motion for its certification as a class action, against the subsidiary Harel Insurance, against the Commissioner of the Capital Market, Insurance and Savings Authority (“Commissioner of the Capital Market”) and against two other insurance companies (hereinafter together: “the Defendants”).
The Plaintiffs argue that according to instructions issued by the Commissioner of the Capital Market, Insurance and Savings Authority ("the Commissioner"), companies may charge a policy factor under certain conditions; however they also claim that in addition to the Commissioner's authorization, the Defendants must stipulate collection of the policy factor in a contractual agreement with the policyholder.
The Capital Markets, Insurance and Savings Authority is now an independent regulatory body for the insurance industry, pension funds and savings.
Goodwill is carried at cost less accumulated impairment losses.Research and development of softwareThe Company develops software that is used in providing processing services to customers.Expenditure on research activities is recognized in the consolidated statements of profit or loss as incurred.
On or before the last business day of November of each year, beginning in 2001 and ending in 2021, a computation shall be made based upon the interest earned on the PDIF during the fiscal year ending June 30 after deducting certain expenses for the Board for Depositories and the Indiana Education Savings Authority.
The approval of the Director General of the Capital Market, Insurance and Savings Authority was granted on June 28, 2021.
On April 14, 2021, Meitav Dash Provident applied to the Director General of the Competition Authority and to the Director General of the Capital Market, Insurance and Savings Authority for their approval for the transfer of the funds' management.
The agreement is contingent on obtaining the approval of the Capital Market, Insurance and Savings Authority for the amendment of the Agency's control permit and for the transfer of the shares.
An Application for an Option shall be in writing and shall be accompanied by such documents relating to the Savings Contract as the Savings Authority may prescribe, and the valid completion and return of such documents shall be a precondition of the grant of an Option.