|
|
![]() | ![]() | ![]() | ![]() |
| |||||||||
This excerpt taken from the ELN 6-K filed Mar 30, 2009. Exchange
Controls and Other Limitations Affecting Security
Holders
Irish exchange control regulations ceased to apply from and
after 31 December 1992. Except as indicated below, there
are no restrictions on non-residents of Ireland dealing in
domestic securities, which includes shares or depositary
receipts of Irish companies such as us. Except as indicated
below, dividends and redemption proceeds also continue to be
freely transferable to non-resident holders of such securities.
The Financial Transfers Act, 1992 gives power to the Minister
for Finance of Ireland to make provision for the restriction of
financial transfers between Ireland and other countries and
Table of Contents
persons. Financial transfers are broadly defined and include all
transfers that would be movements of capital or payments within
the meaning of the treaties governing the member states of the
EU. The acquisition or disposal of ADSs or ADRs representing
shares issued by an Irish incorporated company and associated
payments falls within this definition. In addition, dividends or
payments on redemption or purchase of shares and payments on a
liquidation of an Irish incorporated company would fall within
this definition. At present the Financial Transfers Act, 1992
prohibits financial transfers involving the late Slobodan
Milosevic and associated persons, Burma/Myanmar, Belarus,
certain persons indicted by the International Criminal Tribunal
for the former Yugoslavia, Usama bin Laden, Al-Qaida, the
Taliban of Afghanistan, Democratic Republic of Congo, Democratic
Peoples Republic of Korea, Iran, Iraq, Côte
dIvoire, Lebanon, Liberia, Zimbabwe, Uzbekistan, Sudan,
Somalia, certain known terrorists and terrorist groups, and
countries that harbor certain terrorist groups, without the
prior permission of the Central Bank of Ireland.
Any transfer of, or payment in respect of, an ADS involving the
government of any country that is currently the subject of
United Nations sanctions, any person or body controlled by any
of the foregoing, or by any person acting on behalf of the
foregoing, may be subject to restrictions pursuant to such
sanctions as implemented into Irish law. We do not anticipate
that orders under the Financial Transfers Act, 1992 or United
Nations sanctions implemented into Irish law will have a
material effect on our business.
This excerpt taken from the ELN 6-K filed Mar 31, 2008. Exchange
Controls and Other Limitations Affecting Security
Holders
Irish exchange control regulations ceased to apply from and
after 31 December 1992. Except as indicated below, there
are no restrictions on non-residents of Ireland dealing in
domestic securities, which includes shares or depositary
receipts of Irish companies such as us. Except as indicated
below, dividends and redemption proceeds also continue to be
freely transferable to non-resident holders of such securities.
The Financial Transfers Act, 1992 gives power to the Minister
for Finance of Ireland to make provision for the restriction of
financial transfers between Ireland and other countries and
persons. Financial transfers are broadly defined and include all
transfers that would be movements of capital or payments within
the meaning of the treaties governing the member states of the
European Union. The acquisition or disposal of ADSs or ADRs
representing shares issued by an Irish incorporated company and
associated payments falls within this definition. In addition,
dividends or payments on redemption or purchase of shares and
payments on a liquidation of an Irish incorporated company would
fall within this definition. At present the Financial Transfers
Act, 1992 prohibits financial transfers involving the late
Slobodan Milosevic and associated persons, Burma/Myanmar,
Belarus, certain persons indicted by the International Criminal
Tribunal for the former Yugoslavia, Usama bin Laden, Al-Qaida,
the Taliban of Afghanistan, Democratic Republic of Congo,
Democratic Peoples Republic of Korea, Iran, Iraq,
Côte dIvoire, Lebanon, Liberia, Zimbabwe, Uzbekistan,
Sudan, Somalia, certain known terrorists and terrorist groups,
and countries that harbor certain terrorist groups, without the
prior permission of the Central Bank of Ireland.
Any transfer of, or payment in respect of, an ADS involving the
government of any country that is currently the subject of
United Nations sanctions, any person or body controlled by any
of the foregoing, or by any person acting on behalf of the
foregoing, may be subject to restrictions pursuant to such
sanctions as implemented into Irish law. We do not anticipate
that orders under the Financial Transfers Act, 1992 or United
Nations sanctions implemented into Irish law will have a
material effect on our business.
This excerpt taken from the ELN 6-K filed Mar 30, 2007. Exchange
Controls and Other Limitations Affecting Security
Holders
Irish exchange control regulations ceased to apply from and
after 31 December 1992. Except as indicated below, there
are no restrictions on non-residents of Ireland dealing in
domestic securities, which includes shares or depositary
receipts of Irish companies such as our company. Except as
indicated below, dividends and redemption proceeds also continue
to be freely transferable to non-resident holders of such
securities. The Financial Transfers Act, 1992 gives power to the
Minister for Finance of Ireland to make provision for the
restriction of financial transfers between Ireland and other
countries and persons. Financial transfers are broadly defined
and include all transfers that would be movements of capital or
payments within the meaning of the treaties governing the member
states of the EU. The acquisition or disposal of ADSs or ADRs
representing shares issued by an Irish incorporated company and
associated payments falls within this definition. In addition,
dividends or payments on redemption or purchase of shares and
payments on a liquidation of an Irish incorporated company would
fall within this definition. At present the Financial Transfers
Act, 1992 prohibits financial transfers involving the late
Slobodan Milosevic and Associated Persons, Burma/Myanmar,
Belarus, certain persons indicted by the International Criminal
Tribunal for the former Yugoslavia, Usama bin Laden, Al-Qaida
and the Taliban of Afghanistan, Democratic Republic of Congo,
Iraq, Côte dIvoire, Liberia, Zimbabwe, Uzbekistan,
Sudan, certain known terrorists and terrorist groups, and
countries that harbour certain terrorist groups, without the
prior permission of the Central Bank of Ireland.
Any transfer of, or payment in respect of, an ADS involving the
government of any country that is currently the subject of
United Nations sanctions, any person or body controlled by any
of the foregoing, or by any person acting on behalf of the
foregoing, may be subject to restrictions pursuant to such
sanctions as implemented into Irish law. We do not anticipate
that orders under the Financial Transfers Act, 1992, or United
Nations sanctions implemented into Irish law will have a
material effect on our business.
This excerpt taken from the ELN 6-K filed Mar 31, 2006. Exchange Controls and Other Limitations
Affecting Security Holders
Irish exchange control regulations ceased to apply from and
after 31 December 1992. Except as indicated below, there
are no restrictions on non-residents of Ireland dealing in
domestic securities, which includes shares or depositary
receipts of Irish companies such as us. Except as indicated
below, dividends and redemption proceeds also continue to be
freely transferable to non-resident holders of such securities.
The Financial Transfers Act, 1992 gives power to the Minister
for Finance of Ireland to make provision for the restriction of
financial transfers between Ireland and other countries and
persons. Financial transfers are broadly defined and include all
transfers that would be movements of capital or payments within
the meaning of the treaties governing the member states of the
EU. The acquisition or disposal of ADSs or ADRs representing
shares issued by an Irish incorporated company and associated
payments falls within this definition. In addition, dividends or
payments on redemption or purchase of shares and payments on a
liquidation of an Irish incorporated company would fall within
this definition. At present the Financial Transfers Act, 1992
prohibits financial transfers involving the late Slobodan
Milosevic and Associated Persons, Burma/ Myanmar, certain
persons indicted by the International Criminal Tribunal for the
former Yugoslavia, Usama bin Laden, Al-Qaida and the Taliban of
Afghanistan, Democratic Republic of Congo, Iraq, Cote
dIvoire, Liberia, Zimbabwe, Uzbekistan, Sudan, certain
known terrorists and terrorist groups, and countries that
harbour certain terrorist groups, without the prior permission
of the Central Bank of Ireland.
Any transfer of, or payment in respect of, an ADS involving the
government of any country that is currently the subject of
United Nations sanctions, any person or body controlled by any
of the foregoing, or by any person acting on behalf of the
foregoing, may be subject to restrictions pursuant to such
sanctions as implemented into Irish law. We do not anticipate
that orders under the Financial Transfers Act, 1992, or United
Nations sanctions implemented into Irish law will have a
material effect on our business.
Elan Corporation, plc 2005 Annual Report 157
Table of Contents
This excerpt taken from the ELN 6-K filed Apr 11, 2005. Exchange Controls and Other Limitations Affecting Security Holders Irish exchange control regulations ceased to apply from and after 31 December 1992. Except as indicated below, there are no restrictions on non-residents of Ireland dealing in domestic securities, which includes shares or depositary receipts of Irish companies such as us. Except as indicated below, dividends and redemption proceeds also continue to be freely transferable to non-resident holders of such securities. The Financial Transfers Act, 1992 gives power to the Minister for Finance of Ireland to make provision for the restriction of financial transfers between Ireland and other countries and persons. Financial transfers are broadly defined and include all transfers that would be movements of capital or payments within the meaning of the treaties governing the member states of the EU. The acquisition or disposal of ADSs or ADRs representing shares issued by an Irish incorporated company and associated payments falls within this definition. In addition, dividends or payments on redemption or purchase of shares and payments on a liquidation of an Irish incorporated company would fall within this definition. At present the Financial Transfers Act, 1992 prohibits financial transfers involving Iraq, the Federal Republic of Yugoslavia, the Republic of Serbia, Zimbabwe, the Taliban of Afghanistan, Osama bin Laden and Al-Qaeda, Burma/Myanmar, Slobodan Milosevic, Associated Persons, Liberia and countries that harbour certain terrorist groups, without the prior permission of the Central Bank of Ireland. Any transfer of, or payment in respect of, an ADS involving the government of any country that is currently the subject of United Nations sanctions, any person or body controlled by any of the foregoing, or by any person acting on behalf of the foregoing, may be subject to restrictions pursuant to such sanctions as implemented into Irish law. The following countries and persons are currently the subject of such sanctions: Federal Republic of Yugoslavia, Republic of Serbia, Iraq, Liberia, Burma/Myanmar, Zimbabwe, the Taliban of Afghanistan, Osama bin Laden and Al-Qaeda and Slobodan Milosevic. We do not anticipate that orders under the Financial Transfers Act, 1992, or United Nations sanctions implemented into Irish law will have a material effect on our business. | EXCERPTS ON THIS PAGE:
RELATED TOPICS for ELN: |
| |||||||