unit trust definition

Found inside – Page 275Where the term 'discretionary trust' and its definition do not control the legal ... trusts or, necessarily, many or most such trusts: numerous unit trusts, ... Found inside – Page 216Any later investments made by the SMSF in a related company or unit trust other than Trust D can also ... The term ''interest'' is not defined in the SISA. Found inside – Page 49... has become the jurisdiction of choice for discerning fund managers. ... or a "unit trust scheme", as defined in Section 1 of the Stamp Duties Act 1976. Enabling power: Finance Act 1999, sch. 19, para. 6A (4).Issued: 21.03.2006. Made: 15.03.2006. Laid: 15.03.2006. Coming into force: 06.04.2006. Effect: S.I. 2001/964 amended. Territorial extent & classification: E/W/S/NI. General Found inside – Page 381There are the trusts for the public savers to pool their savings . ... Definition Mutual fund can be defined as " a form of collective investment that is ... Found inside – Page 49It has to be noted that Unit Trust of India is a body corporate in terms of ... We have seen from the definition of units in the 1996 Regulations that unit ... Found inside – Page 585complying ADF means a complying approved deposit fund as defined in the Income Tax Assessment Act 1997 . History Definition of “ complying ADF ” substituted ... Found inside – Page 104ITAA 1997, s 995-1 trading stock has the meaning given by section 70-10, as modified by section ... to be a unit trust for the purposes of this definition; ... Found insideThe definition of 'unit trust' in s 2 of the Act assumes some importance. 'Unit trust' 'means any scheme or arrangement that is made for the purpose of or ... Found inside – Page 11Table 2: Definition of Net Flow of Funds to Institutional 11 ... Also, for unit trusts, the relevant entity was changed to the unit trust management company ... Found inside – Page 60Former definition of ''taxation officer'' omitted by No 54 of 1998. trustee, in relation to a fund, scheme or trust, means: (a) if there is a trustee ... Found inside – Page 138Key Definitions 6-003 The definition of primary importance is of course the ... A unit trust scheme is a collective investment scheme under which the ... Found inside – Page 77WHAT IS A MUTUAL FUND? A mutual fund as defined by the Act means a company incorporated, a partnership formed, a unit trust organized or other similar body ... Found insideAlthough a unit trust is deemed to be a company by section 211 of the Income Tax ... We propose that the new definition of "superannuation fund" to be added ... Found inside – Page 184TP 104-70 – converting trust to unit trust. ... [97] 104-80 chain of trusts, definition ..................[97] 104-71(5) children's income. Found inside – Page 2996143 ( 1 ) ( 3 ) segregated fund see Life insurance .. deductions not allowed . ... 104 ( 23 ) . person or partnership beneficially defined . Found inside – Page 735part of any loss along with the other participants in the unit trust. ... 24.2.3 The definition of 'collective investment schemes' Subtle but significant ... Found inside – Page 735part of any loss along with the other participants in the unit trust. ... 24.2.3 The definition of 'collective investment schemes' Subtle but significant ... Found inside – Page 56155 For all trusts managed in Vanuatu, identity and beneficial ownership ... is not evident how the definition would apply to trusts 159 For Unit trusts, ... Found inside – Page 93Former definition read: relationship,”; effective 1 April 2007. ... and includes an interest in a unit trust within the meaning of the Unit Trusts Act 1960; ... Found inside – Page 160However , after 1999 , a personal trust does not include a unit trust ( within the meaning assigned by subsection 108 ( 2 ) of the Act ) . Found inside – Page 91A mutual fund as defined by the Act means a company incorporated, a partnership formed, a unit trust organized or other similar body formed under the laws ... Found inside – Page 1821... same meaning as in section 128F. company has the same meaning as in section 128F. debenture: (a) in relation to the trustee of an eligible unit trust, ... Enabling power:Capital Gains Tax Act 1979, s. 92. Issued:8.3.88. Made:18.2.88. Laid:18.2.88. Coming into force:11.3.88. Effect:-. Regional application:E/W/S/NI Found inside – Page 537According to the above definition , a mutual fund in India can raise resources through sale of units to the public . It can be set up in the form of a trust ... Found inside... assets were defined as loans, investments or leases with the employer sponsor of the superannuation fund, or with an associate of that employer. Enabling power:Income and Corporation Taxes Act 1970, s. 354A (7). Issued:8.3.88. Made:18.2.88. Laid:18.2.88. Coming into force:11.3.88. Effect:-. Regional application:E/W/S/NI Found inside – Page 422... 1: PST is defined in regulation 1.03 to mean a pooled superannuation trust. ... a resident unit trust within the meaning of section 102H of the Tax Act; ... Found inside – Page 205It is important that the Directive is amended so that it has a clear definition of an AIF . At the moment , the undefined phrase " collective investment ... Found inside – Page 69Subparagraph ( i ) of paragraph ( 3 ) deals only with an unregistered unit trust scheme . Mr. Alexis FitzGerald : It does , but it is defined in language that is so completely different from the definition of a unit trust scheme that it is patently not a ... Found inside – Page 158There are the trusts for the public savers to pool their savings . ... Definition Mutual fund can be defined as “ is a form of collective investment that is ... Found insideDefinitions of trust at higher levels have largely borrowed from the definition at the individual level. Trust at higher unit levels of analysis (e.g., ... Found inside – Page 5A DEFINITION A unit trust is a legal construction which may be used in the administration of a simple financial operation , namely the pooling of a large number of small unequal amounts of money belonging to different individuals in a common ... Found inside – Page 36WHAT IS A MUTUAL FUND? A mutual fund as defined by the Act means a company incorporated, a partnership formed, a unit trust organized or other similar body ... Found inside – Page 1046Definition of ''complying superannuation fund'' inserted by No 98 of 1989. corporate unit trust, in relation to a year of income, means a unit trust that is ... Found inside – Page 569It is what I personally , using the language of financial institutions , would describe as an open - ended investment institution ; but I shall come to that definition in a minute . I have no particular questions on the definition of a unit trust because it ... Found inside – Page 608According to the above definition , a mutual fund in India can raise resources through sale of units to the public . It can be set up in the form of a trust ... Found inside – Page 528But the definition of “ relevant interest in an offshore fund ” in paragraph 7 extends that meaning . The “ non - qualifying investments test ” referred to ... Found inside – Page 551... trust rate ” and “ the dividend upper rate " , ( r ) omit the definition of “ UK property business ” , and ( s ) for the definition of “ unit trust ... Found inside – Page 2071... a unit trust mentioned in paragraph (b) of the definition of eligible unit ... to a public unit trust. clearing house has the same meaning as in section ... Found inside – Page 1-650( a ) shares , stock , including loan stock as defined in section 2 Registrar and Deputy Registrar of Unit Trust 1 of the Financial Markets Control Act , 1989 ( Act 55 of Companies 1989 ) , units in a trust scheme in property shares , The executive ... Found inside – Page 107... property trust; (c) an arrangement declared by the Minister, by notice published in the Gazette, to be a unit trust for the purposes of this definition; ... Found inside – Page 194An investment fund (IF) is a CII which issues shares (if a corporate structure is used) or units (if a trust structure is used) to the public, ... Found inside – Page 160“contravention” includes any non-compliance with any law; [Definition of ... (iii) any 'unit trust scheme' as defined in section 1 of the Unit Trusts ... Found inside – Page 502(b) the fund established by the Government Superannuation Fund Act 1956: (c) a ... to (e) of the definition of public unit trust; and (iii) has no investor, ... Found inside – Page 273( a ) mutual fund corporations and unit trusts which are authorized under Sec . ... mutual fund corporation ” and “ unit trust ” the meaning as defined in ... Found inside – Page 613interests of local professionals who provide trust services, the reach of the country's ... A different CGT definition apples in the case of a unit trust. Found inside – Page 338... UNIT TRUSTS 45-285(1) Your instalment income for a period includes trust ... if: (a) the unit trust is a resident unit trust (within the meaning of ... Found inside – Page 1057Unit trust versus complying trust In some cases, a unit trust may also fall within the definition of a complying trust under subpart HC. Found inside – Page 338... UNIT TRUSTS 45-285(1) Your instalment income for a period includes trust ... if: (a) the unit trust is a resident unit trust (within the meaning of ... Power: Income and Corporation Taxes Act 1970, s. 354A ( 7.... The individual level within the meaning of the unit trusts Act 1960 ; s..: Income and Corporation Taxes Act 1970, s. 92 not defined in section 1 of the Stamp Act...... [ 97 ] 104-80 chain of trusts, definition.................. [ 97 ] (. Not defined in section 128F [ 97 ] 104-71 ( 5 ) children 's.. Tax Act 1979, s. 354A ( 7 ) questions on the definition of 'collective investment '. '', as defined in the SISA... same meaning as in section.. Act 1960 ;: Income and Corporation Taxes Act 1970, s. 92 i have particular! No particular questions on the definition of 'collective investment schemes ' Subtle but significant 1! Defined in the SISA Act 1960 ; 7 ) 'collective investment schemes ' Subtle but significant section... 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Definition at the individual level of the Stamp Duties Act 1976 of trust higher.

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