Common use of AUTHORISED THIRD PARTY Clause in Contracts

AUTHORISED THIRD PARTY. 32.1 We recognise that in some circumstances it may be necessary or desirable for you to authorise someone to manage your account (“Authorised Third Party”). You do so at your own risk and both you and the person you wish to authorise to operate your account will be required to submit a signed form which is a type of power of attorney document authorising and appointing an Authorised Third Party to operate your account. 32.2 You will be liable for any act or omission by an Authorised Third Party, and we may rely on any instructions given by the Authorised Third Party on your behalf. We are not responsible for monitoring the activities of the Authorised Third Party. 32.3 If you have opened an account electronically, and we do not have an original of your signature, you will need to provide an identity document such as a copy of your passport or driving licence in order to be able to appoint an Authorised Third Party. 32.4 By entering into these Terms with us, you authorise us to deduct any fees, commission and/or other remuneration (“Third Party Fees”) which you have agreed with the Authorised Third Party and which are payable by you to the Authorised Third Party from any money held by us in respect of your account and pay this to the Authorised Third Party on your behalf. 32.5 Any deductions will be made inclusive of all Taxes, duties or levies, however designated or computed, including but not limited to value added taxes (or similar). 32.6 It is your responsibility to ensure that there are sufficient funds in your account to pay any Third-Party Fees due to the Authorised Third Party in full. 7 .32 The following is the basis, on which the Third-Party Fees are calculated: 32.7.1 as set out in clause 27.5 above; or 32.7.2 we will facilitate the payment of performance fees (in %) and/or management fees (in %) to the Authorised Third Party as follows 32.7.2.1 the performance fee (%) shall be based on a high watermark and the profits made by the Authorised Third Party on your account, payable to the Authorised Third Party monthly, quarterly or yearly; and/or 32.7.2.2 the management fee (%) shall be based on the equity in your account and payable to the Authorised Third Party monthly, quarterly or yearly.

AUTHORISED THIRD PARTY. 32.1 29.1 We recognise that in some circumstances it may be necessary or desirable for you to authorise someone to manage your account (an “Authorised Third Party”). You do so at your own risk and both you and the person you wish to authorise to operate your account will be required to submit a signed form which is a type of power of attorney document authorising and appointing an the Authorised Third Party to operate your account. 32.2 29.2 You will be liable for any act or omission by an Authorised Third Party, and we may rely on any instructions given by the Authorised Third Party on your behalf. We are not responsible for monitoring the activities of the Authorised Third Party. 32.3 29.3 If you have opened an account electronically, and we do not have an original of your signature, you will need to provide an identity document such as a copy of your passport or driving licence in order to be able to appoint an Authorised Third Party. 32.4 29.4 By entering into these Terms this Agreement with us, you authorise us to deduct any fees, commission and/or other remuneration (“Third Party Fees”) which you have agreed with the Authorised Third Party and which are payable by you to the Authorised Third Party from any money held by us in respect of your account and pay this to the Authorised Third Party on your behalf. 32.5 29.5 Any deductions will be made inclusive of all Taxes, duties or levies, however designated or computed, including but not limited to value added taxes (or similar). 32.6 29.6 It is your responsibility to ensure that there are sufficient funds in your account to pay any Third-Third Party Fees due to the Authorised Third Party in full. 7 .32 . 29.7 We will disclose to you the amount of Third Party Fees paid to the Authorised Third Party and such disclosure will be available at ▇▇▇▇▇://▇▇▇▇▇.▇▇.▇▇. 29.8 The following is the basis, on which the Third-Third Party Fees are calculated: 32.7.1 29.8.1 as set out in clause 27.5 29.5 above; or 32.7.2 29.8.2 we will facilitate the payment of performance fees (in %) and/or management fees (in %) to the Authorised Third Party Party, as follows: 32.7.2.1 29.8.2.1 the performance fee (%) shall be based on a high watermark and the profits made by the Authorised Third Party on your account, payable to the Authorised Third Party monthly, quarterly or yearly; and/or 32.7.2.2 29.8.2.2 the management fee (%) shall be based on the equity in your account and payable to the Authorised Third Party monthly, quarterly or yearly.

AUTHORISED THIRD PARTY. 32.1 We recognise that in some circumstances it may be necessary or desirable for you to authorise someone to manage your account (“Authorised Third Party”). You do so at your own risk and both you and the person you wish to authorise to operate your account will be required to submit a signed form which is a type of power of attorney document authorising and appointing an Authorised Third Party to operate your account. 32.2 You will be liable for any act or omission by an Authorised Third Party, and we may rely on any instructions given by the Authorised Third Party on your behalf. We are not responsible for monitoring the activities of the Authorised Third Party. 32.3 If you have opened an account electronically, and we do not have an original of your signature, you will need to provide an identity document such as a copy of your passport or driving licence in order to be able to appoint an Authorised Third Party. 32.4 By entering into these Terms with us, you authorise us to deduct any fees, commission and/or other remuneration (“Third Party Fees”) which you have agreed with the Authorised Third Party and which are payable by you to the Authorised Third Party from form any money held by us in respect of your account and pay this to the Authorised Authorsed Third Party on your behalf. 32.5 Any deductions will be made inclusive of all Taxes, duties or levies, however designated or computed, including but not limited to value added taxes (or similar). 32.6 It is your responsibility to ensure that there are sufficient funds in your account to pay any Third-Third Party Fees due to the Authorised Third Party in full. 7 .32 . 32.7 We will disclose to you the amount of Third Party Fees paid to the Authorised Third Party and such disclosure will be available at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇. 32.8 The following is the basis, on which the Third-Third Party Fees are calculated: 32.7.1 32.8.1 as set out in clause 27.5 above; or 32.7.2 32.8.2 we will facilitate the payment of performance fees (in %) and/or management fees (in %) to the Authorised Third Party Party, as follows: 32.7.2.1 32.8.2.1 the performance fee (%) shall be based on a high watermark and the profits made by the Authorised Third Party on your account, payable to the Authorised Third Party monthly, quarterly or yearly; and/or 32.7.2.2 32.8.2.2 the management fee (%) shall be based on the equity in your account and payable to the Authorised Third Party monthly, quarterly or yearly.