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…

Section 178 Investments and Securities Act Section 178 of the Investments and Securities Act 2025 is about Suspension or revocation of registration of a trustee or custodian. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) The Commission may revoke or suspend the registration of a trustee or…

Section 177 Investments and Securities Act Section 177 of the Investments and Securities Act 2025 is about Qualification and registration of trustee or custodian. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) The Commission may by regulation prescribe the qualification and conditions for any person or institution…

Section 176 Investments and Securities Act Section 176 of the Investments and Securities Act 2025 is about Appointment and termination of appointment of trustee or custodian. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) A manager shall appoint either a trustee or a custodian for any scheme…

Section 175 Investments and Securities Act Section 175 of the Investments and Securities Act 2025 is about Irregular or undesirable practices. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) The Commission may, by notice declare a particular practice or manner of administration of schemes to be an…