Regulations, 2004
Statutory Text (3 Articles)
L.N. 308 of 2004
INVESTMENT SERVICES ACT
(CAP. 370)
European Passport Rights for Investment Firms (Amendment)
Regulations, 2004
IN exercise of the powers conferred by article 12 of the Investment
Services Act, the Prime Minister and Minister of Finance, acting on the
advice of the Malta Financial Services Authority, has made the following
regulations>-
(1) These regulations may be cited as the European Passport
Rights for Investment Firms (Amendment) Regulations, 2004 and they
shall be read and construed as one with the European Passport Rights
for Investment Firms Regulations, 2004, hereinafter referred to as “the
principal regulations”.
(2) These regulations shall be deemed to have come in force
on the 1 st May, 2004.
In regulation 6 of the principal regulations, for the words “with
any applicable laws and Guidelines.”, there shall be substituted the words
“with any applicable laws and Guidelines and the provisions of article
11(1)(b) of the Act shall not apply to a European investment firm
advertising its services in Malta.”.
Mitbug[ fl-Istamperija tal-Gvern — Printed at the Government Printing Press