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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…
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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,…
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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.
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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…
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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…
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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…
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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…
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Section 144 Investments and Securities Act Section 144 of the Investments and Securities Act 2025 is about Authority to proceed with takeover. It is under Part XII (Mergers, Take-overs and Corporate Restructuring) of the Act. It provides as follows: (1) Except as may be specified in the rules and regulations, no person or two or…
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Section 143 Investments and Securities Act Section 143 of the Investments and Securities Act 2025 is about Compliance with code and rules. It is under Part XII (Mergers, Take-overs and Corporate Restructuring) of the Act. It provides as follows: (1) Save as otherwise provided in this Part, any person who makes a take-over bid shall…
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Section 142 Investments and Securities Act Section 142 of the Investments and Securities Act 2025 is about Takeover rules and regulations. It is under Part XII (Mergers, Take-overs and Corporate Restructuring) of the Act. It provides as follows: (1) The Commission shall regulate and govern the conduct of persons involved in take-overs, mergers or compulsory…