Section 17 Investments and Securities Act 2025

Section 17 of the Investments and Securities Act 2025 is about Fund of the Commission. It is under Part IV (Financial Provisions) of the Act. It provides as follows:

(1) The Commission shall establish and maintain a fund (in this Act referred to as “the Fund”) into which shall be paid —
(a) funds provided to the Commission by the Federal Government;

(b) penalties, fees, charges and administrative cost of proceedings; and
(c) monetary gifts, contributions and other funds that may be received by the Commission.

(2) The Commission shall maintain and operate bank accounts for funds as approved by the Board.