Active Non-Financial Entity definition

means any Non-Financial Entity (NFE) that meets any of the following criteria:

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Examples of Active Non-Financial Entity in a sentence

• Note: if you have selected “Listed company” or “entity related to a listed entity” in question 6 above, or you answered “YES” to any of the questions 7 to 10, you are certifying that you are an Active Non-Financial Entity.
• Active Non-Financial Entity – other than (c)-(e) (for example a start-up NFE or a non- profit NFE) g .
• Active Non-Financial Entity (i) A corporation, the stock of which is regularly traded on an established securities market.

More Definitions of Active Non-Financial Entity

means any NFE that meets any of the following criteria: (fff) less than 50% of the NFE’s gross income for the preceding calendar year or other appropriate reporting period is passive income and less than 50% of the assets held by the NFE during the preceding calendar year or other appropriate reporting period are assets that produce or are held for the production of passive income; (ggg) the stock of the NFE is regularly traded on an established securities market or the NFE is a Related Entity of an Entity the stock of which is regularly traded on an established securities market; (hhh) the NFE is a Governmental Entity, an International Organisation, a Central Bank, or an Entity wholly owned by one or more of the foregoing;