...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)
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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)
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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). ;-)