In relation to fund transactions , the manager should be able to give instructions as to the purchase or sale of securities for the fund without having to obtain the authority of the depositary 即首先对股票收益和交易量设定过滤准则，当股市收益和交易量满足过滤准则就买入或卖出股票的投资策略。
Reciprocal unilateral declarations under article 94 take effect on the first day of the month following the expiration of six months after the receipt of the latest declaration by the depositary 根据第九十四条规定做出的相互单方面声明，应于保管人收到最后一份声明之日起个月后的第个月第天生效。
26 it should be made clear that the fund manager and depositary may not belong to the same group of companies unless an additional set of requirements is applied . the obligations described in art 最近siegl 1998研究发现，平均而言小盘股比大盘股的年收益率高出4 . 7 % ，而且小公司效应大部分集中在1月份。
Where a longer period for the denunciation to take effect is specified in the notification , the denunciation takes effect upon the expiration of such longer period after the notification is received by the depositary 凡通知内订明一段退出生效的更长时间，则退出于保管人收到通知后该段更长时间满时起生效。
The group has a american depositary receipt programme in the u . s . , sponsored by citibank . this helps to enhance the company s corporate image and visibility in the u . s . and broaden its shareholder base 本集团已委任万国宝通银行发行美国预托证券，以助提高本集团在美国的企业形象与知名度，并且进一步扩展股东组合。
However , a declaration of which the depositary receives formal notification after such entry into force takes effect on the first day of the month following the expiration of six months after the date of its receipt by the depositary 但是，保管人于此种生效后收到正式通知的声明，应于保管人收到声明之日起个月后的第个月第天生效。
The denunciation takes effect on the first day of the month following the expiration of six months after the notification is received by the depositary or on such later date as is specified in the notification 承认信托没有其他要求，具备公约的要求条件的信托将作为信托予以承认。当然限于按照准据法，是有效的信托，其效力将按照该准据法确定。
The bank may at its discretion require or permit the customer to register securities in the name of any nominees which may be connected with the bank or with a depositary as defined below on such terms and conditions as such nominee may require 本行可酌情要求或容许客户以任何代名人而该代名人可与本行或下文所界定之寄存处有关之名义，按该代名人所要求之条款及条件登记证券。
