Section 38
Amendment of section 325
of Capital Markets and Services (Amendment) Act 2015
Amendment ActIn forceProvision 38 of 49
Section 38
Section 325 of the principal Act is amended by substituting for subsection (1) the following subsection:
“(1) Any proposed rules or any proposed amendments to the existing rules of a recognized self-regulatory organization shall not have effect unless it has been approved by the Commission under subsection (3).”.