Securities (Brokerage Fees for Government of Mauritius Securities and Bank of Mauritius Securities) (Amendment) Rules 2021

Veemul MPro3/Govt Notices/2021/Bank of Mauritius Securities (Amendment) Rules 2021 02.04.2021 Government Notice No. 78 of 2021 THE SECURITIES ACT FSC Rules made by the Financial Services Commission under section 93 of the Financial Services Act and
section 155 of the Securities Act

1. These Rules may be cited as the Securities (Brokerage Fees
   for Government of Mauritius Securities and Bank of Mauritius Securities) (Amendment) Rules 2021.
2. In these Rules, “principal rules” means the Securities (Brokerage
   Fees for Government of Mauritius Securities and Bank of Mauritius Securities) Rules 2011.
3. The principal rules are amended by –
   (a) in rule 3, –
   (i) in paragraph (1), by deleting the word “total” before the word “brokerage”; (ii) in paragraph (2),– (A) by deleting the word “total” before the word “brokerage” and the word “apportioned” after the words “shall be”; (B) in sub- paragraph (a), by deleting the words “among the relevant securities exchange, the Clearing and Settlement Facility and the Commission”; (C) in sub- paragraph (b), by deleting the words “among the investment dealer, the relevant Government Notices 2021 1391

Veemul MPro3/Govt Notices/2021/Bank of Mauritius Securities (Amendment) Rules 2021 02.04.2021 securities exchange, the Clearing and Settlement Facility and the Commission”. (b) in Part I of the SCHEDULE, by deleting from the table the following columns – (i) Securities Exchange; (ii) Clearing and Settlement Facility; and (iii) Total Brokerage Fee. (c) in Part II of the SCHEDULE, by deleting from the table the following columns – (i) Investment Dealer; (ii) Securities Exchange; (iii) Clearing and Settlement Facility; and (iv) Total Brokerage Fee.
4. These Rules shall come into operation on 3 April 2021.
Made by the Financial Services Commission on 3 April 2021. 1392 Government Notices 2021