CAP. 333]
Securities (Miscellaneous) Regulations
[1988 Ed.
[Subsidiary]
(2) Any person who, without reasonable excuse, fails to comply with paragraph (1) within 7 days after the change takes place commits an offence and is liable to a fine of $2,000.
Certificate of registration to be exhibited
10. (1) Every registered person other than a representative shall exhibit his certificate of registration in a prominent place at his place of business or, if he has more than one place of business, at his principal place of business.
(2) Any person who, without reasonable excuse, fails to comply with paragraph (1) commits an offence and is liable to a fine of $1,000.
Applications for authorization of mutual fund corporations and unit trusts
11. (1) An application for authorization of a mutual fund corporation or unit trust shall be accompanied by the following fee-
(a) where authorization is sought in respect of a mutual fund corporation that maintains, or is capable of maintaining, more than one fund, a fee of $10,000 plus $10,000 for each fund in respect of which authorization is sought;
(b) where authorization is sought in respect of a unit trust within which there is, or could be, more than one fund, a fee of $10,000 for each fund in respect of which authorization is sought;
(c) in any other case, a fee of $10,000.
(2) An application for extension of an authorization to cover another fund shall be accompanied by a fee of $10,000.
(L.N. 148/88)
Fees for authorization of mutual fund corporations and unit trusts
12. (1) An authorization of a mutual fund corporation or unit trust shall not take effect unless the following fee is paid-
(a) where the authorization is of a mutual fund corporation that maintains, or is capable of maintaining, more than one fund, a fee of $5,000 plus $5,000 for each fund to which the authorization extends;
(b) where the authorization is of a unit trust within which there is, or could be, more than one fund, a fee of $5,000 in respect of each fund to which the authorization extends;
(c) in any other case, a fee of $5,000.
(2) An extension of an authorization to cover another fund shall not take effect unless a fee of $5,000 is paid.
1
(L.N. 148/88)
A 6
CAP. 333]
Securities (Miscellaneous) Regulations
[1988 Ed.
[Subsidiary]
(2) Any person who, without reasonable excuse, fails to comply with paragraph (1) within 7 days after the change takes place commits an offence and is liable to a fine of $2,000.
Certificate of registration to be exhibited
10. (1) Every registered person other than a representative shall exhibit his certificate of registration in a prominent place at his place of business or, if he has more than one place of business, at his principal place of business.
(2) Any person who, without reasonable excuse, fails to comply with paragraph (1) commits an offence and is liable to a fine of $1,000.
Applications for authorization of mutual fund corporations and unit trusts
11. (1) An application for authorization of a mutual fund corporation or unit trust shall be accompanied by the following fee-
(a) where authorization is sought in respect of a mutual fund corporation that maintains, or is capable of maintaining, more than one fund, a fee of $10,000 plus $10,000 for each fund in respect of which authoriza- tion is sought;
(b) where authorization is sought in respect of a unit trust within which there is, or could be, more than one fund, a fee of $10,000 for each fund in respect of which authorization is sought;
(c) in any other case, a fee of $10,000.
(2) An application for extension of an authorization to cover another fund shall be accompanied by a fee of $10,000.
(L.N. 148/88)
Fees for authorization of mutual fund corporations and
unit trusts
12. (1) An authorization of a mutual fund corporation or unit trust shall not take effect unless the following fee is paid-
(a) where the authorization is of a mutual fund corporation that main- tains, or is capable of maintaining, more than one fund, a fee of $5,000 plus $5,000 for each fund to which the authorization extends;
(b) where the authorization is of a unit trust within which there is, or could be, more than one fund, a fee of $5,000 in respect of each fund to which the authorization extends;
(c) in any other case, a fee of $5,000.
(2) An extension of an authorization to cover another fund shall not take effect unless a fee of $5,000 is paid.
1
(L.N. 148/88)
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