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Section 142

Functions of the Corporation

of Capital Markets and Services (Amendment) Act 2012

Amendment ActIn forceProvision 14 of 49
Section 142
(1)

The Corporation shall manage and administer the

Capital Market Compensation Fund and process and handle claims for compensation under this Part.

(2)

The Minister may, on the recommendation of the

Commission, give his approval to the Corporation to borrow any sum of money as it thinks necessary for the purposes of discharging its functions.