Companies Act (Cap. 386), article 195

195. (1) The Minister may make regulations extending the provisions of article 194, w ith or without modifications, to COMP ANIES [CAP. 386. 135 investment companies with variable share capital or to other companies whose principal busine ss consists of investing their funds in securities, land or oth er assets with the aim of sprea ding investment risk and giving their members the benefit of the res ults of the management of the assets. (2) Regulations made under this article may make different provision for differen t categories of companies and may contain such transitional and supplemental provisions as the Minister considers necessary. Treatment of development costs. Amended by: XXXI. 2015.18.