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1.2. Authorised users or stockbrokers, or render securities services in respect of securities as those terms are defined in the Securities Services Act, 2004 (“the SS Act”);
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5. Whilst long historical trends may statistically support certain assumptions about the future, remember that past performance is no guarantee of future returns. PowerStocks aim to provide me with strategies that statistically stack the odds in my favour and lower my risks, but I fully understand that risks cannot be eliminated entirely.
6. There are many reasons why I may not be able to achieve similar returns to PowerStocks’ strategies and model portfolios, including, but not limited to, bid/ask spreads, commissions, liquidity of shares being bought or sold and favourable intra-day timing as well as my commission rate on trades.
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14. I understand that should I wish to transfer or sell my membership to another entity even if the entity is a family member, that the entity would be required to agree to these terms and conditions, as well as be approved by PowerStocks to affect the transfer.
In respect to these Terms and Conditions, Sharenet and PowerStocks reserve the right to update it, so as to adapt to the changing legal environment. The decision to act upon this right is at Sharenet and PowerStocks’ sole discretion and where Sharenet and PowerStocks chooses to do so, a message to this effect will be placed in a prominent position on the Website.
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15.1. In these terms and conditions, unless a contrary intention clearly appears:
15.1.1. words importing any one gender include the other two genders;
15.1.2. words importing the singular include the plural and vice versa; and
15.1.3. reference to natural persons include juristic persons (which includes trusts) and vice versa;
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15.5. Where figures are referred to in numerals and in words, if there is any conflict between the two, the numerals shall prevail.
16. DOMICILIUM ADDRESS
16.1. The parties choose as their domicilium citandi et executandi for all purposes under this agreement, whether in respect of court process, notices or other documents or communications of whatsoever nature (including but not limited to the exercise of any option and/or right of first refusal set out in this agreement), the following addresses:
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16.5. Any party may by notice to any other party change the physical address chosen as its domicilium citandi et executandi vis-a-vis that party to another physical address or its telefax number: Provided that the change shall become effective vis-a-vis that addressee on the fifth working day from the deemed receipt of the notice by the addressee.
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We reserve the right to change these terms and conditions with adequate (1 month) notice. Should the subscriber not wish to accept the new terms and conditions, pro-rata refund of subscription will apply.