Section 21 Investments and Securities Act 2025

Section 21 of the Investments and Securities Act 2025 is about Penalties and fees to be retained and utilised by the Commission. It is under Part IV (Financial Provisions) of the Act. It provides as follows:

The Commission shall charge, retain and utilise for its purposes —
(a) penalties imposed for violation of this Act and the rules and regulations made under it; and
(b) fees collected for the services rendered by the Commission under this Act, including recovery of costs of administrative proceedings.