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61. Savings

(1) This Act shall operate without prejudice to a licence granted under repealed Act or any statutory instrument made under the repealed Act.

(2) For the purposes of this section “repealed Act” means the International Mutual Funds Act 1999, No. 44.

CHAPTER 12.16
INTERNATIONAL MUTUAL FUNDS ACT

SUBSIDIARY LEGISLATION

List of Subsidiary Legislation

1.	International Mutual Funds Regulations – Section 60

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61. Savings

1. Short title

2. Interpretation

3. Requirement for licence or registration

4. Registration of international private mutual fund

5. Name of international private mutual fund

6. Application for and grant of international public mutual fund licence

7. Name of international public mutual fund

8. Offering document

10. Limitation of action

11. Annual fee

12. Requirement for international public mutual fund administrator licence

13. Application for and grant of international public mutual fund administrator licence

14. Name of administrator

15. Restriction on issue

16. Annual fee for administrator

17. Direction to increase capital value

18. Notice

19. Misrepresentation as administrator

20. Notification

21. Number of directors

22. Compliance by administrator

23. Requirement for international public mutual fund manager licence

24. Application for and grant of international public mutual fund manager

25. Name of manager

26. Restriction on issue

27. Annual fee for manager

28. Direction to increase capital value

29. Reputation of promoter

30. Notice

31. Misrepresentation as manager

32. Notification

33. Number of directors

34. Compliance by manager

35. Audited accounts for international public mutual fund licensee

36. Duties of Director relating to international public mutual fund licensee

37. Access to information relating to international public mutual fund licensee

38. Penalties for breach of section 3(1)

39. Unregulated international public mutual funds

40. Audited accounts for administrator

41. Duties of Director relating to administrator

42. Access to information relating to administrator

43. Information for breach of section 12

44. Unlicensed persons acting as administrator

45. Audited accounts for manager

46. Duties of Director relating to manager

47. Access to information relating to manager

48. Information for breach of section 23

49. Unlicensed person acting as manager

50. Power of Director over international private mutual fund

51. Power of Minister over international public mutual fund licensee

52. Power of Minister over administrator or manager

53. Secrecy

54. Appeal

55. Obligation of auditors

56. Offences triable on indictment

57. Indemnity

58. Exemption from compliance with Trade Licensing Act and Securities Act

59. Exemption from other enactmentss

60. Regulations

International Mutual Funds Regulations – Section 60

9. Rights of investors

Revised Laws of Saint Lucia (2023)

61. Savings

CHAPTER 12.16
INTERNATIONAL MUTUAL FUNDS ACT

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Revised Laws of Saint Lucia (2023)

61. Savings

CHAPTER 12.16INTERNATIONAL MUTUAL FUNDS ACT

Address

CONTACT

Need help?

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CHAPTER 12.16
INTERNATIONAL MUTUAL FUNDS ACT