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Securities Industry Act, 2016 (ACT 929)

Section 106: The Commission shall cancel the licence of a scheme on the termination of the scheme in accordance with the law. Section 107: (1) A person shall not operate any form of collective investment scheme unless the person is licensed by the Commission.(2) A person other than a mutual fund or a unit trust approved by the Commission shall not describe itself, or use the words "mutual fund" or "unit trust" as part of its name.(3) A person who contravenes this section is liable to pay to the Commission an administrative penalty of four thousand five hundred penalty units.

Subject : Trust Deed  

Procedure to Follow


Not Avaiable

Responsible Institution


Securities and Exchange Commission

No. 30, 3rd Circular Road, Cantonments, Accra.

Relevant Forms to Download

Not Available

Online System
Fees/ charges

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