127 tal-1994
Statutory Text (2 Articles)
LN. 117 0( .",.
INYFSfMENT SERVICES ACT, 1994
(ACT NO. XIV Of 1994)
In vtslIMnt SerYicts Act (Transltlon.1 Provisions) Rqulaliom, 1994
IN exertise of the powers confernd by section 31 of the InvestlMnt
Services Aet. 1994, the MinislerofFinance , acting on the advio: of the
Malla RnanciaJ Services Centre. has made the following n:gulations:-
I . l'hcsc regulations may be ci ted IllI the In~SInw:nl Services Act
(Transitional ProvUions) Regulations, ]994. and dlall come into force
on the 23rd Septembe r, 1994.
A person who , on the date of the coming into force of sections
3 and 4 of the Investment Services Act, 1994 was providing an
investment scmcc or WlI5 in eIistence as a oollective investmen t scheme
may oontinl.le 10 provide m at servi« or to continue to ("any on the
activities of a oollective investment 5Cbeme on condilion that such
pc:non provides the competent '1Ilhorily wilb such informalion as it
may request, within such period as it may prescribe , and on condi tion
that , OD or be fo re a date set by t hecompclent authority , the competen t
authority ha, advised such person in writing that it has no objection to
such person con tinuing to provide the investment se rvice or eon tin uing
to carry on the activities of a collective investment 5clJeme until such
time as its Application for a licence has bee n determined .
1Jot_ # 1+>0
_ IWtilj>
!ppo.I>OIi~ ..... Dipoo';".,,,, la' ~r"ro.m...;o..;
~ ~ /Iw
_ K .. riljo
"
a .... m_ Pnntinl ,.,.,.
Mhbuah ft.r ... mporijo ... ·0 .. '"
P-.J .. /Iw