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Cap. 529 · Company Service Providers Act (Cap. 529)

Cap. 529 чл. 8Power of the Authority to issue rules.

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(1) The Authority may issue rules applicable to company service providers as may be required, for the carrying into effect of this Act and may, in particular, but without prejudice to the generality of the foregoing, by such rules:

(a) lay down requirements, conditions and criteria for the carrying out of activities by company service providers;

(b) lay down the conduct, duties and obligations of company service providers;

(c) lay down the responsibilities of company service providers towards the Authority and provide for the form of applications, returns, statements or notices to be made or given to the Authority;

(d) lay down the criteria which the Authority shall take into account when determining whether a person is a fit and proper person for the purpose of this Act, including an indication of the type and nature of academic qualifications and experience as well as the additional areas of expertise which would be acceptable to the Authority when determining whether a person qualifies to be a fit and proper person;

(e) lay down the criteria as to when a person shall be deemed by the Authority to be providing company services by way of business;

(ea) lay down the requirements to be met, in addition to any such requirements established in this Act, for a person to be considered a company service provider;

(f) provide for any other matters as the Authority may consider appropriate in relation to company service providers and the conduct of their activities.

(2) Such rules shall be binding on company service providers and others as may be specified therein.

(3) For the purposes of this article "company service providers" means persons providing company services in accordance with the provisions of this Act and any regulations made, and rules issued thereunder.

История на изменения
  • Amended by X.2025.11