Regulatory Alerts2024-12-12
Trustee (Amendment) Act, 2024
The Minister of Financial Services, Economic Development and Digital Transformation has issued a statutory notice declaring the commencement date for the Trustee (Amendment) Act, 2024. Exercising statutory powers under Section 1(2), the notice formally appoints December 10, 2024 as the effective date for all amended provisions. This declaration ensures that updated trustee regulations and fiduciary obligations become legally binding immediately upon the specified date.
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