Vault - Legal
  • Terms & Conditions
    • 1. Appointment
    • 2. Our standard of care
    • 3. Client categorisation
    • 4. Service Overview & Account Handling
    • 5. Scope of our advice
    • 6. Your personal circumstances
    • 7. Maintaining the balance of your Recommended Allocation
    • 8. Instructions to Vault and Power of Attorney
    • 9. Your obligations
    • 10. Instructions and communication
    • 11. Delegation and use of third parties
    • 12. Lending, borrowing and underwriting
    • 13. Valuations and Reporting
    • 14. Dealing and counterparties
    • 15. Potential conflicts of interest and disclosures
    • 16. Fees and Charges
    • 17. Currency Conversion
    • 18. Referrals
    • 19. Taxation
    • 20. Liability
    • 21. Complaints
    • 22. Termination & Vault Account Suspension
    • 23. Consequences of Termination
    • 24. Inurement and Estate
    • 25. Confidentiality
    • 26. Data Protection
    • 27. Recording
    • 28. Force Majeure
    • 29. Joint Vault Accounts
    • 30. Amendments and Assignments
    • 31. General
    • 32. Governing Law
  • Schedule 1: Scope of Services and Fee Structure
  • Conflict of Interest Policy
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  1. Terms & Conditions

23. Consequences of Termination

  1. All outstanding transactions at the time of Vault Account, including your Broker Account, closure will be settled and the investments in your Vault Account liquidated, with the funds and proceeds accessed through your Vault Account remitted to your designated current account.

  2. Any termination shall be without prejudice to the rights and liabilities of either party in respect of transactions already initiated or to services already provided.

Last updated 1 month ago