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Section 68: Financial Services Fund

Financial Services Act · PART IX: ENFORCEMENT COMMITTEE AND FINANCIAL SERVICES REVIEW PANEL

consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

68. Financial Services Fund (1) There shall be established by the Commission a Financial Services Fund into which shall be paid by licensees such contributions as may be specified in FSC Rules. (2) The funds of the Fund shall be used to— (a) promote the education of consumers of financial services; and (b) meet the expenses of the Review Panel. (3) No disbursement of money shall be made from the Fund except— (a) for the purposes of the Fund; and (b) with the authorisation of the Managing Committee set up under section 69.

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