Section 188 Investments and Securities Act Section 188 of the Investments and Securities Act 2025 is about Power of intervention. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) Where it appears to the Commission that —(a) any of the requirements for the registration of a scheme is…
Section 187 Investments and Securities Act Section 187 of the Investments and Securities Act 2025 is about Publication of scheme particulars. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) The manager of a scheme shall publish particulars of the scheme or make available to the public, upon…
Section 186 Investments and Securities Act Section 186 of the Investments and Securities Act 2025 is about Restriction of activities of managers. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) The manager of a scheme shall not engage in activities other than those mentioned in subsection (2).…
Section 185 Investments and Securities Act Section 185 of the Investments and Securities Act 2025 is about Alteration of schemes and replacement of manager, trustee or custodian. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) The manager of a scheme shall give written notice to the Commission…
Section 184 Investments and Securities Act Section 184 of the Investments and Securities Act 2025 is about Power to make regulations on the constitution and management of collective investments scheme. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) The Commission may make regulations as to the constitution…
Section 183 Investments and Securities Act Section 183 of the Investments and Securities Act 2025 is about Duty of auditor to disclose irregularity or undesirable practice. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) The auditor shall —(a) report to the manager and trustee any irregularity or…
Section 182 Investments and Securities Act Section 182 of the Investments and Securities Act 2025 is about Appointment and removal of auditor. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) A manager in consultation with the trustee or custodian shall appoint an auditor registered by the Commission…
Section 181 Investments and Securities Act Section 181 of the Investments and Securities Act 2025 is about Liability of custodian for loss of assets. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: The custodian shall indemnify the investors against any loss or damage suffered in respect of money…
Section 180 Investments and Securities Act Section 180 of the Investments and Securities Act 2025 is about Status of assets. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: For the purpose of this Act any money or other assets received from an investor and assets of a scheme,…
Section 179 Investments and Securities Act Section 179 of the Investments and Securities Act 2025 is about Duties of trustees or custodians. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) A trustee or custodian shall —(a) ensure that the basis on which the sale, issue, repurchase or…