Compliance Testing. DSC will monitor, test and prepare and maintain supporting schedules which evidence compliance with the definitional and distribution requirements under the Internal Revenue Code of 1986, as amended ("IRC"), including the following: A. The requirement to be registered at all times during the taxable year under the ▇▇▇▇ ▇▇▇ (▇▇▇ Section 851(a)); B. The annual ninety percent gross income test (IRC Section 851(b)(2)); C. The short/short (thirty percent) gross income test (IRC Section 851(b)(3)); D. The quarterly IRC industry diversification tests (IRC Sections 851(b)(4) and 817(h)); and E. The 90% distribution requirements (IRC Section 852(a)).
Appears in 8 contracts
Sources: Fund Accounting Agreement (Delaware Group Limited Term Government Funds Inc), Fund Accounting Agreement (Delaware Group Delcap Fund Inc), Fund Accounting Agreement (Voyageur Funds Inc)
Compliance Testing. DSC will monitor, test and prepare and maintain supporting schedules which evidence compliance with the definitional and distribution requirements under the Internal Revenue Code of 1986, as amended ("IRC"), including the following:
A. The requirement to be registered at all times during the taxable year under the ▇▇▇▇ ▇▇▇ 1940 Act (▇▇▇ IRC Section 851(a));
B. The annual ninety percent gross income test (IRC Section 851(b)(2));
C. The short/short (thirty percent) gross income test (IRC Section 851(b)(3));
D. The quarterly IRC industry diversification tests (IRC Sections 851(b)(4) and 817(h)); and
E. The 90% distribution requirements (IRC Section 852(a)).
Appears in 1 contract
Sources: Fund Accounting Agreement (Delaware Group Equity Funds Iv)
Compliance Testing. DSC will monitor, test and prepare and maintain supporting schedules which evidence compliance with the definitional and distribution requirements under the Internal Revenue Code of 1986, as amended ("IRC"), including the following:
A. The requirement to be registered at all times during the taxable year under the ▇▇▇▇ 1940 ▇▇▇ (▇▇▇ Section ▇▇▇tion 851(a));
B. The annual ninety percent gross income test (IRC Section 851(b)(2));
C. The short/short (thirty percent) gross income test (IRC Section 851(b)(3));
D. The quarterly IRC industry diversification tests (IRC Sections 851(b)(4) and 817(h)); and
E. The 90% distribution requirements (IRC Section 852(a)).
Appears in 1 contract
Sources: Fund Accounting Agreement (Delaware Group Global & International Funds Inc)
Compliance Testing. DSC will monitor, test and prepare and maintain supporting schedules which evidence compliance with the definitional and distribution requirements under the Internal Revenue Code of 1986, as amended ("IRC"), including the following:
A. The requirement to be registered at all times during the taxable year under the ▇▇▇▇ ▇▇▇ (▇▇▇ Section 851(a));
; B. The annual ninety percent gross income test (IRC Section 851(b)(2));
; C. The short/short (thirty percent) gross income test (IRC Section 851(b)(3));
; D. The quarterly IRC industry diversification tests (IRC Sections 851(b)(4) and 817(h)); and
and E. The 90% distribution requirements (IRC Section 852(a)).
Appears in 1 contract
Sources: Fund Accounting Agreement (Delaware Group Decatur Fund Inc)