Amendment to section 15F substitutes clause (b) wording to emphasise continuity of the specified failure. Amendment to section 15F substitutes the phrase in clause (b) that previously referred to sponsoring or carrying on a collective investment scheme, ... Summary
Amendment to section 15F substitutes clause (b) wording to emphasise continuity of the specified failure.
Amendment to section 15F substitutes the phrase in clause (b) that previously referred to sponsoring or carrying on a collective investment scheme, including mutual funds, with the words "such failure continues," narrowing the clause to address the continuation of the specified failure rather than the prior descriptive reference to collective investment scheme sponsorship.
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