Section 316 Investments and Securities Act

Section 316 of the Investments and Securities Act 2025 is about Functions of the Minister. It is under Part XVII (Establishment, Jurisdiction, Authority and Procedure of The Investments and Securities Tribunal) of the Act. It provides as follows:

(1) The Minister shall recommend to the President eligible candidates for appointment as Chairman and members of the Tribunal.

(2) The Minister shall have the power to recommend to the President any disciplinary action against the Chairman or any member of the Tribunal including the removal of the Chairman or a member of the Tribunal on any or all of the grounds provided for in this Act.