juris

Section 77A: Global Legal Advisory Services

Financial Services Act

This section is inserted by Act No 18 of 2016, section 24.

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.

77A. Global Legal Advisory Services (1) Subject to this section, an entity whose main activity is to provide legal services pertaining to global business, international arbitration, corporate law, taxation law and foreign and international law, shall apply to the Commission for a Global Legal Advisory Services licence. (2) For avoidance of doubt, an application for a Global Legal Advisory Services licence shall be subject to the regulation of financial services under Part IV. (3) The Chief Executive may, in addition to the matters specified in section 53(1), act in accordance with that section in relation to a holder of a licence under this section where he is of the opinion that an administrative sanction is necessary to protect the good repute of Mauritius as a centre for global business. (4) For avoidance of doubt, this section shall not apply to a person authorised to provide legal services or give legal advice under the Law Practitioners Act.

Ask juris about this section Official source

Questions this section answers