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Procurations

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PROCURATIONS, eccl. law. Certain sums of money which parish priests pay yearly to the bishops or archdeacons ratione visitationis. it 3, 39, 25; Ayl. Parerg. 429; 17 Vin. Ab. h.t., pa e 544.



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The Capital Market Authority fined SABB Securities for "breaching instructions on not accepting legal deputations or procurations that are not issued by the principal in the management of investment portfolios," it said in a statement posted on the bourses website.
 
 
 
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