2008-10-16

Banking (Foreign Exchange Dealers Regulation 1995)(Revocation) Regulations 2008

The Minister, exercising powers under the Banking Act 2004, has revoked the Foreign Exchange Dealers Regulations 1995 through Government Notice No. 208 of 2008. This legislative action removes the earlier regulatory framework for foreign exchange dealers and establishes a clean slate under current banking legislation. The revocation carries a retroactive effective date of 10 November 2004, aligning its operation with the commencement of the parent Act.

Mauritius

Bank of Mauritius

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Government Notice No. 208 of 2008 THE BANKING ACT 2004 Regulations made by the Minister under section 101 of the Banking Act 2004

1. These regulations may be cited as the Banking (Foreign Exchange Dealers Regulations 1995) (Revocation) Regulations 2008.
2. The Foreign Exchange Dealers Regulations 1995 are revoked.
3. These regulations shall be deemed to have come into operation on 10 November 2004. Made by the Minister on 30th September 2008.