Investment Intermediaries Act, 1995
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Exemption from restrictions on advertising. |
24.—(1) Section 23 of this Act shall not apply to a class of advertisement specified from time to time by a supervisory authority for the purpose of exempting from that section— | |
(a) advertisements appearing to a supervisory authority to have a private character, whether by reason of a connection between the person issuing them and those to whom they are issued or otherwise, or | ||
(b) advertisements appearing to a supervisory authority to deal with investments only incidentally, or | ||
(c) advertisements issued to persons appearing to a supervisory authority to be sufficiently expert to understand any risks involved. | ||
(2) An exemption under subsection (1) of this section shall be subject to such conditions as may be specified by a supervisory authority when granting the exemption. |