Geltungsbereich

English translation: scope of application

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Geltungsbereich
English translation:scope of application
Entered by: USER00230 (X)

21:25 Nov 21, 2005
German to English translations [PRO]
Bus/Financial - Investment / Securities / Funds
German term or phrase: Geltungsbereich
An gesetzlichen Feiertagen im Geltungsbereich des Investmentgesetzes, die Börsentage sind, sowie am 24. und 31. Dezember jeden Jahres können die Kapitalanlagegesellschaft und die Depotbank von einer Ermittlung des Wertes absehen.

any ideas on this???
USER00230 (X)
United Kingdom
Local time: 11:48
scope of application
Explanation:
...as in: "...falling within the law's scope of application..." or so. ;-)

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Note added at 5 mins (2005-11-21 21:30:28 GMT)
--------------------------------------------------

Romain (4th Ed.) suggests "extent of validity, scope/area of application, sphere of operation, purview, area of application."

One of the glossaries here on ProZ has "scope," which may also work here. :-)

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Note added at 17 mins (2005-11-21 21:42:19 GMT)
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AFTER ADDED NOTE: I understand it to mean the area, to which the Investment Act applies.

So, let's assume that this act does not apply to the United States of America. I would understand this to mean that the American holidays would not be taken into account.

ut if the act were, for example, to apply to all of Europe (and not just Germany, or a part of it), all European holidays, i.e. those of the several states would be taken into account.

If, however, the act were only to apply to Schleswig-Holstein, then the catholic holidays of the South wouldn't be taken into account.

And so on... at least that is how I understand it in this particular context (note my low confidence level). ;-)

I've got a link to the law, but after shortly going through it, I wasn't able to find an express section defining what the "Geltungsbereich" is, but it is mentioned several times (see: http://www.bafin.de/gesetze/invg.htm#p1 ).

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Note added at 26 mins (2005-11-21 21:51:52 GMT)
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Hi Bill, Take a look at the "Basisdaten" in the upper right corner here: http://de.wikipedia.org/wiki/Investmentgesetz_(Deutschland)

It says there "Geltungsbereich: Deutschland"... :-)

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Note added at 48 mins (2005-11-21 22:13:37 GMT)
--------------------------------------------------

Maybe it has something to do with the possibility that territories (and names) can change. This way, no matter how large the territory is or what it is called, the act will apply to it. Does that make sense? I'm thinking "unification" here, but I may be way off-track (it is getting a bit late - and I was up way early this morning). ;-)
Selected response from:

Derek Gill Franßen
Germany
Local time: 12:48
Grading comment
thanks v much for your thorough answer
4 KudoZ points were awarded for this answer



Summary of answers provided
2 +4scope of application
Derek Gill Franßen
3territory of application
Michael Rose
3 -1ambit
swisstell


Discussion entries: 3





  

Answers


10 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): -1
ambit


Explanation:
or perhaps> policy territory

swisstell
Italy
Local time: 12:48
Works in field
Native speaker of: German
PRO pts in category: 22

Peer comments on this answer (and responses from the answerer)
disagree  Kim Metzger: Both suggestions are way off target, as usual. See below.
541 days
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16 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
territory of application


Explanation:

on public holidays in the territory of application of the investment law...

this is another suggestion; perhaps territory fits better since they're referring to a geographic area

Michael Rose
Local time: 12:48
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in category: 4
Login to enter a peer comment (or grade)

2 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5 peer agreement (net): +4
scope of application


Explanation:
...as in: "...falling within the law's scope of application..." or so. ;-)

--------------------------------------------------
Note added at 5 mins (2005-11-21 21:30:28 GMT)
--------------------------------------------------

Romain (4th Ed.) suggests "extent of validity, scope/area of application, sphere of operation, purview, area of application."

One of the glossaries here on ProZ has "scope," which may also work here. :-)

--------------------------------------------------
Note added at 17 mins (2005-11-21 21:42:19 GMT)
--------------------------------------------------

AFTER ADDED NOTE: I understand it to mean the area, to which the Investment Act applies.

So, let's assume that this act does not apply to the United States of America. I would understand this to mean that the American holidays would not be taken into account.

ut if the act were, for example, to apply to all of Europe (and not just Germany, or a part of it), all European holidays, i.e. those of the several states would be taken into account.

If, however, the act were only to apply to Schleswig-Holstein, then the catholic holidays of the South wouldn't be taken into account.

And so on... at least that is how I understand it in this particular context (note my low confidence level). ;-)

I've got a link to the law, but after shortly going through it, I wasn't able to find an express section defining what the "Geltungsbereich" is, but it is mentioned several times (see: http://www.bafin.de/gesetze/invg.htm#p1 ).

--------------------------------------------------
Note added at 26 mins (2005-11-21 21:51:52 GMT)
--------------------------------------------------

Hi Bill, Take a look at the "Basisdaten" in the upper right corner here: http://de.wikipedia.org/wiki/Investmentgesetz_(Deutschland)

It says there "Geltungsbereich: Deutschland"... :-)

--------------------------------------------------
Note added at 48 mins (2005-11-21 22:13:37 GMT)
--------------------------------------------------

Maybe it has something to do with the possibility that territories (and names) can change. This way, no matter how large the territory is or what it is called, the act will apply to it. Does that make sense? I'm thinking "unification" here, but I may be way off-track (it is getting a bit late - and I was up way early this morning). ;-)

Derek Gill Franßen
Germany
Local time: 12:48
Works in field
Native speaker of: English
PRO pts in category: 12
Grading comment
thanks v much for your thorough answer
Notes to answerer
Asker: thanks, but how does a public holiday fall within the scope of application of the law?

Asker: tks for further answers - I suspect you're right but it seems rather odd since a German law obviously applies to Germany (where else would it apply to?!) I guess it's just sloppy drafting and in the end it's basically a "Floskel" and like many Floskeln it sounds pompous and indeed meaningless when translated into English.


Peer comments on this answer (and responses from the answerer)
agree  msherms: yep
1 min
  -> Thank you msherms. :-)

agree  Kim Metzger: Where the Investment Act applies or is applicable?
45 mins
  -> Yes, that would also work (IMHO - at least that is how I understand it). Thanks Kim. :-)

agree  Tatjana Dujmic
10 hrs

agree  Steffen Walter
10 hrs
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