Securities Commission (Amendment) Act 2011 · s 30

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30.
New section 150b
The principal Act is amended by inserting after section 150a the following section:
“Admissibility of statements and documents of persons who are dead or cannot be traced, etc.
150b.  Notwithstanding any written law to the contrary, in any proceedings against any person for an offence under the securities laws—
(a)	 any statement made by any person to an Investigating
Officer of the Commission in the course of an investigation under the securities laws; and
(b)	 any document, or copy of any document, seized from any person by an Investigating Officer of the
Commission in the exercise of his powers under or by virtue of the securities laws, shall be admissible in evidence in any proceedings before any court, where the person who made the statement or document or the copy of the document, or the person from whom the document was seized, is dead, or cannot be traced or found, or has become incapable of giving evidence, or whose attendance cannot be procured without an amount of delay or expense which appears to the court unreasonable.”.

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s 30New section 150b

The principal Act is amended by inserting after section 150a the following section:

“Admissibility of statements and documents of persons who are dead or cannot be traced, etc.

s 150b

Notwithstanding any written law to the contrary, in any proceedings against any person for an offence under the securities laws—

(a)

any statement made by any person to an Investigating

Officer of the Commission in the course of an investigation under the securities laws; and

(b)

any document, or copy of any document, seized from any person by an Investigating Officer of the

Commission in the exercise of his powers under or by virtue of the securities laws, shall be admissible in evidence in any proceedings before any court, where the person who made the statement or document or the copy of the document, or the person from whom the document was seized, is dead, or cannot be traced or found, or has become incapable of giving evidence, or whose attendance cannot be procured without an amount of delay or expense which appears to the court unreasonable.”.