Section 27 Investments and Securities Act 2025 Section 27 of the Investments and Securities Act 2025 is about Categories of securities exchanges. It is under Part V (Registration and Regulation of Securities Exchanges, Financial Market Infrastructures and other Self Regulatory Organisations) of the Act. It provides as follows: (1) A securities exchange may be registered…

Section 26 Investments and Securities Act 2025 Section 26 of the Investments and Securities Act 2025 is about Registration of a securities exchange. It is under Part V (Registration and Regulation of Securities Exchanges, Financial Market Infrastructures and other Self Regulatory Organisations) of the Act. It provides as follows: (1) A person shall not establish…

Section 25 Investments and Securities Act 2025 Section 25 of the Investments and Securities Act 2025 is about Annual report. It is under Part IV (Financial Provisions) of the Act. It provides as follows: The Commission, shall not later than three months after the end of each year, submit to the Minister and the National…

Section 24 Investments and Securities Act 2025 Section 24 of the Investments and Securities Act 2025 is about Annual estimates, account and audit. It is under Part IV (Financial Provisions) of the Act. It provides as follows: (1) The Board shall cause to be prepared, not later than 30 September in each year, an estimate…

Section 23 Investments and Securities Act 2025 Section 23 of the Investments and Securities Act 2025 is about Investments by the Commission. It is under Part IV (Financial Provisions) of the Act. It provides as follows: The Commission may, subject to the provisions of this Act and the conditions of any trust created in respect…

Section 22 Investments and Securities Act 2025 Section 22 of the Investments and Securities Act 2025 is about Borrowing by the Commission. It is under Part IV (Financial Provisions) of the Act. It provides as follows: The Commission may, subject to the approval of the Board, borrow by way of loan a specified amount of…

Section 21 Investments and Securities Act 2025 Section 21 of the Investments and Securities Act 2025 is about Penalties and fees to be retained and utilised by the Commission. It is under Part IV (Financial Provisions) of the Act. It provides as follows: The Commission shall charge, retain and utilise for its purposes —(a) penalties…

Section 20 Investments and Securities Act 2025 Section 20 of the Investments and Securities Act 2025 is about Power to accept gifts. It is under Part IV (Financial Provisions) of the Act. It provides as follows: (1) The Commission may accept gifts of land, money or other testamentary dispositions, endowments and contributions on such terms…

Section 19 Investments and Securities Act 2025 Section 19 of the Investments and Securities Act 2025 is about Reserve account. It is under Part IV (Financial Provisions) of the Act. It provides as follows: (1) The Commission shall establish a reserve account into which all surpluses from the Fund shall be paid. (2) Disbursement from…

Section 18 Investments and Securities Act 2025 Section 18 of the Investments and Securities Act 2025 is about Application of Fund of the Commission. It is under Part IV (Financial Provisions) of the Act. It provides as follows: The Commission shall apply the proceeds of the Fund established under section 17 of this Act to…