General provisions with respect to exemptions
25 General provisions with respect to exemptions
An exemption takes effect on the day the order granting the exemption is published in the Gazette or, if a later day is specified in the order, on that later day.
An exemption may be revoked by order of the Minister published in the Gazette.
If an exemption is revoked, the revocation takes effect on the day the order revoking the exemption is published in the Gazette or, if a later day is specified in the order, on that later day.
The Minister is to provide a copy of any order made under this Division to the Scheme Regulator.
The Scheme Regulator is to make particulars of any exemption under this Division, and any rules it makes with respect to an exemption, available to scheme participants, including by publishing particulars of the exemptions and rules on its website.
This Act’s bill:Explanatory memorandumSecond reading speech
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