Regulatory Alerts2026-01-01
Securities (Collective Investment Scheme) (Amendment) Regulations 2014
The Financial Services Commission, acting under the authority of the Minister of Finance and Planning, issued the Securities (Collective Investment Scheme) (Amendment) Regulations 2014. These regulations amend Regulation 55 of the principal 2013 Regulations by replacing the term 'twelve' with 'twenty-four'. This statutory change modifies specific timeframes or thresholds within the existing collective investment scheme framework effective from December 31, 2014.
THE SECURITIES ACT
The Securities (Collective Investment Scheme) (Amendment) Regulations, 2014
In exercise of the powers conferred upon the Minister by section 76 of the Securities Act, and every other power enabling, the following Regulations are hereby made: -
-
These Regulations may be cited as the Securities (Collective Investment Scheme) (Amendment) Regulations, 2014, and shall be read and construed as one with the Securities (Collective Investment Scheme) Regulations, 2013, (hereinafter referred to as “the principal Regulations”) and all amendments thereto.
-
Regulation 55 of the principal Regulations is amended in paragraph (a), by deleting the word “twelve” and substituting therefor the word “twenty-four”.
Dated this 31st day of December, 2014.
[Signature] Chairman Financial Services Commission
Approved: [Signature] Minister of Finance and Planning