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.

Section 148 Investments and Securities Act Section 148 of the Investments and Securities Act 2025 is about Action by Commission in cases of non-compliance. It is under Part XII (Mergers, Take-overs and Corporate Restructuring) of the Act. It provides as follows: (1) Where any person who is under an obligation to comply with the provisions…

Section 147 Investments and Securities Act Section 147 of the Investments and Securities Act 2025 is about Liability for false or misleading statement. It is under Part XII (Mergers, Take-overs and Corporate Restructuring) of the Act. It provides as follows: (1) Where any document or information is required to be submitted to the Commission under…

Section 146 Investments and Securities Act Section 146 of the Investments and Securities Act 2025 is about No payment for loss of office. It is under Part XII (Mergers, Take-overs and Corporate Restructuring) of the Act. It provides as follows: (1) A payment for loss of office may not be made by any person to…

Section 145 Investments and Securities Act Section 145 of the Investments and Securities Act 2025 is about Arrangement for funds. It is under Part XII (Mergers, Take-overs and Corporate Restructuring) of the Act. It provides as follows: Where the consideration for the shares deposited under a take-over bid, merger or other arrangements is to be…