supervisory body definition

supervisory body means a functionary or institution referred to in Schedule 2;

supervisory body means a functionary or institution specified in the First Schedule, or such other functionary or institution as may be prescribed by the Minister;

supervisory body means a committee established by the Board with delegated authority to discharge the Board’s responsibilities under the Adults with Incapacity (Scotland) Act 2000.

Examples of supervisory body in a sentence

• Supervisory Body on Investment in Energy and Mines, or the public entity that replaces it, authorized to monitor the compliance with the legal, technical and contractual provisions under its jurisdiction; as well as to audit and sanction in accordance with the Classification and Scale of Sanctions approved to that end.

• The Borrower will comply promptly with all directions and notices received from the relevant Supervisory Body to the extent failure to do so might have a Material Adverse Effect and will, upon the Lender's request, provide reasonable evidence that it has so complied.

• Without prejudice to Clause 16.4 (disposals) the Borrower shall not, without the prior written consent of the Lender, enter into nor apply to the relevant Supervisory Body (including pursuant to Section 56 of the Act) to enter into any amalgamation, demerger, merger or corporate reconstruction.

• The Borrower shall ensure at all times that it complies with its Licence and/or any other terms and conditions set by the Relevant Supervisory Body.

• The Borrower shall supply to the Lender its audited financial statements for each financial year and its financial statements for each financial half year (including any monitoring returns sent to the appropriate Supervisory Body), in each case when such statements are provided to the appropriate Supervisory Body.

More Definitions of supervisory body

supervisory body means a functionary or institution set out in Schedule 2;

supervisory body means a body responsible for the supervision of the activities of accountable institutions under this Act;

supervisory body means the supervisory board (dual board), designated in the articles of association of the SPE as being responsible for the supervision of the management body;

supervisory body means a regulatory or supervisory body having similar functions as the Commission in relation to the supervision of the insurance business or other financial services;

supervisory body means either the NHS Trust Development Authority and/or Monitor.

supervisory body means the entity designated for the discharge of the duties specified under subheading 9 in the decree adopted pursuant to the powers conferred by this Act;

supervisory body means a Board of the Division or Faculty or other university body which has supervision over a University Examination;