Section 18H: Application for Regulatory Sandbox licence
consolidated text (as at 2017). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
18H. Application for Regulatory Sandbox licence
(1) Where a person intends to conduct a business activity for which
there are no, or no adequate, provisions under any enactment, that person
may apply for a Regulatory Sandbox licence in accordance with this Part.
(2) An application under subsection (1) shall be made to the Managing
Director electronically in such form and manner as he may determine and
shall be accompanied by—
(a) a business plan or feasibility study outlining the proposed business activity;
(b) particulars of promoters, beneficial owners and proposed directors; and
(c) such other information, particulars or documents as may be
specified in guidelines issued by the Managing Director.
[S. 18H inserted by s. 29 (e) of Act 18 of 2016 w.e.f. 20 October 2016.]
[Issue 9] I22 – 14
Revised Laws of Mauritius