Securities Commission Act 1993
Securities commission 13 laws of malaysia act 498 securities commission act 1993 an act to establish the securities commission and to provide for matters connected therewith and incidental thereto.
Securities commission act 1993. Securities laws means the securities industry act 1983 the securities industry central depositories act 1991 the securities commission act 1993 act 498 and the futures industry act 1993. Definition 1 in this act unless there is anything repugnant in subject or context a commission means bangladesh securities and exchange commission. And a power to specify includes the power to specify differently for different persons or different. This act may be cited as the securities act 1 date of commencement 17th december 1993.
1 this act may be called the securities and exchange commission act 1993. 2 it shall be deemed to have come into force on 20th vaishakh 1400 3th may 1993 respectively 2. It has the power to investigate and enforce the areas within its jurisdiction. Act 498 securities commission act 1993.
1 march 1993 p u. These definitions differ from the definitions in sec industry guide 7 under the united states securities act of 1993 as amended the securities act. And to provide for matters connected with or incidental to the foregoing. It reports to the minister of finance and its accounts are tabled in parliament annually.
Definitions 1 unless there is anything repugnant in the subject or context in this act. The sc established on 1 march 1993 under the securities commission act 1993 is a self funding statutory body with investigative and enforcement powers. B 57 1993 be it enacted by the seri paduka baginda yang di pertuan agong with the advice and consent of the dewan negara and. 1 this act may be called the bangladesh securities and exchange commission act 1993.
Part iv issues of securities and take overs and mergers division 2 take overs mergers and compulsory acquisitions. 1 in this division acquirer means. 2 it shall come into force on the 20th boishakh 1400 bs corresponding to the 3rd may 1993. The capital markets and services act 2007 cmsa repeals the securities industry act 1983 sia and the futures industry act 1993 fia.
Notwithstanding anything in this section to the contrary the bank is authorized to hold securities for the trust which have transfer limitations imposed upon them by the securities act of 1993 as amended or represent shares of mutual. Securities and exchange commission and to define its objects and functions. The cmsa which takes effect on 28 september 2007 introduces a single licensing regime for capital market intermediaries.