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Section 69: Administration of 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.

69. Administration of Fund (1) The Fund shall be administered by a Managing Committee which shall consist of a Chairperson and not more than 4 other persons suitably qualified, designated by the Minister. (2) The Managing Committee shall be convened by its Chairperson at such time and place as he thinks fit. F10 – 41 [Issue 1] Financial Services Act (3) The Managing Committee shall regulate its meetings and proceedings in such manner as it thinks fit. (4) The Managing Committee shall— (a) furnish to the Minister such information with respect to its activities in such manner and at such time, as he may specify; and (b) comply with such directions of a general character as the Minister considers necessary in the public interest.

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