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127 tal-1994

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Malta Government Gazette — Legal Notice 1994 127 — 127 tal-1994 – Regolamenti tal-1994 dwar Dispożizzjonijiet Transitorji ft-Att dwar Servizzi ta' Investiment

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

Malta Government Gazette — Legal Notice 1994 127 — 127 tal-1994 – Regolamenti tal-1994 dwar Dispożizzjonijiet Transitorji ft-Att dwar Servizzi ta' Investiment

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 .

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