MAKING OF REGULATIONS AND SUBSIDIARY INSTRUCTIONSInternational Financial Services Centres Authority (Procedure for Making Regulations and Subsidiary Instructions) Regulations, 2025.
MAKING OF REGULATIONS AND SUBSIDIARY INSTRUCTIONSInternational Financial Services Centres Authority (Procedure for Making Regulations and Subsidiary Instructions) Regulations, 2025.
International Financial Services Centres Authority (Procedure for Making Regulations and Subsidiary Instructions) Regulations, 2025. Chapter V MISCELLANEOUS
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Repeal and savings preserve prior actions and subsidiary instructions while procedural non-compliance alone cannot invalidate regulatory measures. On commencement, the earlier 2021 procedure-making regulations are repealed, but actions, purported actions, and commenced processes under that regime ... Summary
Repeal and savings preserve prior actions and subsidiary instructions while procedural non-compliance alone cannot invalidate regulatory measures.
On commencement, the earlier 2021 procedure-making regulations are repealed, but actions, purported actions, and commenced processes under that regime retain effect and are treated as arising under corresponding current provisions. Subsidiary instructions issued before commencement are similarly preserved. Regulations, subsidiary instructions, and related actions before or after commencement are not invalid merely because the prescribed procedure was not followed.
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