Section 241 Investments and Securities Act Section 241 of the Investments and Securities Act 2025 is about Revocation and suspension of warehouse registration. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) The Commission may revoke or suspend the registration of a warehouse for any violation…

Section 240 Investments and Securities Act Section 240 of the Investments and Securities Act 2025 is about Registration of warehouses. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) A person shall not operate a warehouse storing commodities linked to an exchange or issuing warehouse receipts…

Section 239 Investments and Securities Act Section 239 of the Investments and Securities Act 2025 is about Offences. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) A person shall not —(a) create or cause to be created or do anything that is calculated to create…

Section 238 Investments and Securities Act Section 238 of the Investments and Securities Act 2025 is about Prohibition of use of certain titles. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) A person other than a clearing house, a commodities exchange, a commodity broker, a…

Section 237 Investments and Securities Act Section 237 of the Investments and Securities Act 2025 is about Emergency powers. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) Whenever the Commission has reason to believe that an emergency exists, it may direct a commodity exchange or…

Section 236 Investments and Securities Act Section 236 of the Investments and Securities Act 2025 is about Registration of commodity broker. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) A person shall not, whether as principal or agent, carry on business of or hold himself…

Section 235 Investments and Securities Act Section 235 of the Investments and Securities Act 2025 is about Revocation of registration. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) The Commission may revoke any instrument of registration granted if the body corporate ceases to operate as…

Section 234 Investments and Securities Act Section 234 of the Investments and Securities Act 2025 is about Prohibition of trading in particular contracts in commodities. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) Where the Commission deems it necessary to protect persons transacting in particular…

Section 233 Investments and Securities Act Section 233 of the Investments and Securities Act 2025 is about Power to issue directives to a commodities exchange. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: (1) The Commission may, where appropriate, issue directives to a commodities exchange with…

Section 232 Investments and Securities Act Section 232 of the Investments and Securities Act 2025 is about Oversight function on commodities exchanges. It is under Part XV (Commodities Exchange and Warehouse Receipts) of the Act. It provides as follows: Nothing in this section shall preclude the Commission from taking disciplinary action against a license holder,…