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members will be required to pay a modest annual fee, dependant upon the class of member, which has yet to be determined.
members will be required to pay a modest annual fee, dependant upon the class of member, which has yet to be determined.

the application of the law determined under this convention may be refused only if the effects of its application would be manifestly contrary to the public policy of the forum.
anvendelse af den lov, der er fastlagt i henhold til konventionen, kan kun afvises, hvis virkningerne af anvendelsen tydeligvis strider mod grundlæggende retsprincipper(" ordre public") i domstolslandet.

initially, the tax amount payable was determined by applying a prescribed "standard formula" [18].
initially, the tax amount payable was determined by applying a prescribed "standard formula" [18].

(10) it must be determined first if the scheme can be regarded as state aid and if this is the case, if this aid is compatible with the common market.
(10) it must be determined first if the scheme can be regarded as state aid and if this is the case, if this aid is compatible with the common market.

annex i hague convention on the law applicable to certain rights in respect of securities held with intermediary the states signatory to the present convention, aware of the urgent practical need in a large and growing global financial market to provide legal certainty and predictability as to the law applicable to securities that are now commonly held through clearing and settlement systems or other intermediaries, conscious of the importance of reducing legal risk, systemic risk and associated costs in relation to cross-border transactions involving securities held with an intermediary so as to facilitate the international flow of capital and access to capital markets, desiring to establish common provisions on the law applicable to securities held with an intermediary beneficial to states at all levels of economic development, recognising that the « place of the relevant intermediary approach »( or prima) as determined by account agreements with intermediaries provides the necessary legal certainty and predictability, have resolved to conclude a convention to this effect, and have agreed upon the following provisions-- chapter i-- definitions and scope of application article 1 definitions and interpretation
bilag i haagerkonventionen om, hvilken lov der skal anvendes pÅ visse rettigheder over vÆrdipapirer, der opbevares af en mellemmand de stater, som har undertegnet denne konvention, og som er bekendt med det presserende praktiske behov for i et omfattende og voksende globalt finansmarked at tilvejebringe retssikkerhed og forudsigelighed med hensyn til, hvilken lov der anvendes på værdipapirer, som nu i vidt omfang er placeret hos clearing- og afviklingssystemer eller andre mellemmænd, er bevidste om, hvor vigtigt det er at begrænse retlige risici, systemiske risici og dertil knyttede omkostninger i forbindelse med grænseoverskridende transaktioner med værdipapirer, der opbevares af en mellemmand, for at fremme de internationale kapitalstrømme og lette adgangen til kapitalmarkederne, ønsker at fastlægge fælles bestemmelser om lovvalg for værdipapirer, der opbevares af en mellemmand, da det er til fordel for staterne uanset økonomisk udviklingsniveau, erkender, at prima-princippet(" place of the relevant intermediary approach") som fastlagt i kontoaftaler med mellemmænd fremviser den nødvendige retssikkerhed og forudsigelighed har besluttet at indgå en konvention til dette formål og er blevet enige om følgende bestemmelser: kapitel i- definitioner og anvendelsesomrÅde artikel 1 definitioner og fortolkning