Financial Institutions (Protection of Funds) Act, 2001 (Act No. 28 of 2001)
Notice No. 1238 of 2001
Act
1. Definitions
Chapter 1 : Funds and Trust Property held by Financial Institutions
2. Duties of persons dealing with funds of, and with trust property
3. Declaration of interest
4. Investment of trust property
[Repealed] Chapter 1A : On-Site Visits
[Repealed] 4A. On-site visits
Chapter 2 : Enforcement
5. Appointment of curator
5A. Statutory management
6. Powers of registrar
6A. [Repealed] Referral to enforcement committee
6B. [Repealed] Enforcement committee proceedings
6C. [Repealed] Hearing by enforcement committee
6D. [Repealed] Determination by enforcement committee
6E. [Repealed] Notification and enforcement of determination
6F. [Repealed] Appeal against determination
6G. [Repealed] Disclosure of determination
6H. [Repealed] Utilisation of administrative sanction
6I. [Repealed] Saving of rights
7. [Repealed] Declaration of certain practices as irregular or undesirable
8. [Repealed] Restriction on powers of registrar
9. [Repealed] Records and entries in books of account admissible in evidence
9A. [Repealed] Verification of information
9B. Sections 5 and 6 do not apply to designated institutions in resolution
10. Offences
11. Repeal of laws
12. Status of footnote
13. Transitional provision
14. Short title
Schedule
Laws Repealed
Board Notices
Guidelines on the Conduct of Curators
Board Notice 56 of 2015
1. Definitions
2. Purpose of Guidelines
3. General duties of curator
4. Conflict of interest
5. Investors
6. Statutory requirements and record keeping
7. Reporting to the registrar
8. Reporting to Court
9. Legal proceedings and forensic investigations conducted by curator
10. Remuneration of curators
11. Statements of accounts and invoices
12. Settlement of legal proceedings
13. Joint curatorship
14. Transitional arrangements
15. Short title and commencement