sge (Page 367)

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
dealing in securities, or rights or interests in securities, of that body corporate that are included in the same class as the first mentioned securities; and c) The other person is not associated with the holder of the licence . An ―officer‖, in relation to a body corporate, includes - 241 July 2015 www.fb.com/studycpa A director, secretary, executive officer or employee of the body corporate; a receiver, or receiver and manager, of property of the body corporate; an official manager or a deputy official manager of the body corporate; a liquidator of the body corporate; and a trustee or other person administering a compromise or arrangement made between the body corporate and another person or other persons. SANCTION A person who contravenes this section shall be guilty of an offence and shall be liable -(a) On a first offence -i. In the case of a body corporate, to a fine not exceeding five million shillings;
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern