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…

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…

Section 16 Investments and Securities Act 2025 Section 16 of the Investments and Securities Act 2025 is about Service in the Commission to be pensionable. It is under Part III (Staff of the Commission) of the Act. It provides as follows: (1) Service in the Commission shall be public service for the purpose of this…

Section 15 Investments and Securities Act 2025 Section 15 of the Investments and Securities Act 2025 is about Duties of the Secretary. It is under Part III (Staff of the Commission) of the Act. It provides as follows: (1) The Secretary shall —(a) attend the meetings of the Board, and its committees and render all…