GHANA INFRASTRUCTURE INVESTMENT FUND (AMENDMENT) ACT, 2021 (ACT 1062)

The One Thousand and sixty-second ACT OF THE PARLIAMENT OF THE REPUBLIC OF GHANA ENTITLED SECURITIES INDUSTRY (AMENDMENT) ACT, 2021 AN ACT to amend the Securities Industry Act, 2016 (Act 929) to provide for the conduct of investigation by the Commission when the Commission is assisting other domestic or foreign regulatory authorities, the procedure for dealing with a request for assistance from a foreign securities regulatory authority, the issuance by the Commission of codes, directives, guidelines and circulars and for related matters. DATE OF ASSENT: 19th January, 2021. PASSED by Parliament and assented to by the President

Legislation

Table of Content

1. Section 35 of Act 929 amended

2. Section 37 of Act 929 amended ‘

3. Section 37A of Act 929 inserted

4. Section 209 of Act 929 amended

1. Section 35 of Act 929 amended

2. Section 37 of Act 929 amended ‘

3. Section 37A of Act 929 inserted

4. Section 209 of Act 929 amended

Section 1

1. Section 35 of Act 929 amended

The Securities Industry Act, 2016 (Act 929) referred to in this Act as the “principal enactment” is amended in section 35 by the substitution for subsection (1) of *(1) Where the Commission (a) has reason to suspect that a person, has (i) committed an offence under this Act or the Companies Act, 2019 (Act 992), or (ii) been found guilty of fraud or dishonesty in relation to dealing in securities and the business of an issuer; or (b) is assisting other domestic or foreign regulatory authorities in their investigation, the Commission may conduct an investigation that the Commission considers appropriate in pursuance of this Act.”.

Section 2