Section 164 Investments and Securities Act Section 164 of the Investments and Securities Act 2025 is about Prohibition of certain transactions and profits. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) A company that is a manager under a scheme or is a subsidiary or holding company…

Section 163 Investments and Securities Act Section 163 of the Investments and Securities Act 2025 is about Redemption of units or securities. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) Whenever the holder of units or participatory interest of an authorised open-ended scheme so requests, the manager…

Section 162 Investments and Securities Act Section 162 of the Investments and Securities Act 2025 is about Liability for material misstatement. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: A manager of a scheme who offers or sells by means of a letter, notice, circular, document or oral…

Section 161 Investments and Securities Act Section 161 of the Investments and Securities Act 2025 is about Approval of prospectus and other offer documents. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) Any letter, notice, circular or document prepared by the manager for the purpose of offering…

Section 160 Investments and Securities Act Section 160 of the Investments and Securities Act 2025 is about Revocation of authorisation of a scheme. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) Subject to the provisions of this section, the Commission may revoke the authorisation of a scheme…

Section 159 Investments and Securities Act Section 159 of the Investments and Securities Act 2025 is about Alteration of trust deed, custodial agreement, or change of name of scheme. It is under Part XIII (Collective Investments Schemes) of the Act. It provides as follows: (1) A manager, trustee or custodian of a scheme shall not…

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…