Rule · CBOB · 2 May 2011
These regulations amend the Schedule to the principal Banks and Trust Companies (Money Transmission Business) Regulations by adding a new paragraph (c) that establishes a Location Fee of 250.00 for each location of a Money Transmission Agent. The regulations come into force on May 2, 2011.
BANKS AND TRUST COMPANIES (MONEY TMNSMISSION BUSINESS) (AMENDMENT) REGULATIONS, 201 1 Arrangement of Sections
Section
I3ANKS AND TRUST COMPANIES (MONEY
TRANSMISSION BUSINESS) (AMENDMENT)
REGULATIONS, 20 1 1
BANKS AND TRUST COMPANIES REGC11,ATION ACT BANKS AND TRUST COMPANIES (MONEY TRANSMISSION BUSINESS) (AMENDMENT) REGULATIONS, 2011 The Governor of the Central Bank of The Bahamas, in exercise of the powers conferred by sections 3A(b) and 24 of the Banks and Trust Companies Regulation Act, makes the following regulations -
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“These regulations, which amend the Banks and Trust Companies (Money Transmission Business) Regulations', may be cited as the Banks and Trust Companies (Money 'Sransmission Business) (Amendment) Regulations, 2011.”
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