Section 158 Investments and Securities Act Section 158 of the Investments and Securities Act 2025 is about Registration of units or securities of a scheme. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) A person shall not, directly or indirectly, deal in units or participatory interest of…

Section 157 Investments and Securities Act Section 157 of the Investments and Securities Act 2025 is about Authorisation of collective investment schemes. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) A person shall not establish or operate a collective investment scheme, carry on or purport to carry…

Section 156 Investments and Securities Act Section 156 of the Investments and Securities Act 2025 is about Prohibition of misleading names and actions. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) A person may not, unless registered as a manager under this Act, include in or have…

Section 155 Investments and Securities Act Section 155 of the Investments and Securities Act 2025 is about Requirements for administration of a collective investment scheme. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) A person shall not perform any act or enter into any agreement or transaction…

Section 154 Investments and Securities Act Section 154 of the Investments and Securities Act 2025 is about Duties of managers of a scheme. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: The manager of a scheme shall —(a) avoid conflict between the interests of the promoter or manager…

Section 153 Investments and Securities Act Section 153 of the Investments and Securities Act 2025 is about Disclosure of information. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: Before the manager of a scheme enters into a transaction with an investor — (a) information about the investment objectives…

Section 152 Investments and Securities Act Section 152 of the Investments and Securities Act 2025 is about Principles for the administration of the scheme. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) A manager shall administer a collective investment scheme honestly and fairly —(a) with skill, care…

Section 151 Investments and Securities Act Section 151 of the Investments and Securities Act 2025 is about Types of collective investment scheme. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) The Commission may approve a collective investment scheme which is administered as —(a) unit trust scheme;(b) open-ended…

Section 150 Investments and Securities Act Section 150 of the Investments and Securities Act 2025 is about Meaning of collective investment scheme. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: Collective investment scheme means a scheme or arrangement in whatever form, including an open-ended and close-ended investment scheme,…

Section 149 Investments and Securities Act Section 149 of the Investments and Securities Act 2025 is about Terms used in this Part. It is under Part XII (Mergers, Take-overs and Corporate Restructuring) of the Act. It provides as follows: Terms used in this Part shall be construed as defined in section 357 of this Act.