Legislation
Securitisation Act (Cap. 484)
- Art. 2In this Act, unless the context otherwise requires: "the competent authority" means the Malta Financial Servic
- Art. 3(1) A securitisation vehicle may be: (a) a company, including an investment company; (b) a commercial partners
- Art. 4(1) A securitisation transaction may take place through the use of more than one securitisation vehicle, wheth
- Art. 5Notwithstanding the provisions of any other law, and whatever the nature of the securitisation assets acquired
- Art. 5AUnless otherwise provided in the Insurance Business Act or in any regulations issued thereunder, the provision
- Art. 6Securitisation vehicles shall not be considered to be collective investment schemes as defined in the Investme
- Art. 7No proceedings taken in relation to the originator under the Companies Act, or any other law, including any di
- Art. 8(1) The securitisation vehicle may delegate the management responsibility for the day to day administration of
- Art. 9(1) The originator and the securitisation vehicle shall be at liberty to select any method of transferring the
- Art. 11(1) The assignment of a securitisation asset to a securitisation vehicle shall be valid and effective if the a
- Art. 12(1) It shall be lawful for future receivables of an originator, including future claims against future debtors
- Art. 13(1) Notwithstanding the provisions of the Civil Code, in case of an assignment of a securitisation asset to a
- Art. 14(1) The following provisions of the Civil Code shall not apply in case of an assignment of a securitisation as
- Art. 15(1) Any and all risks can be assumed by a securitisation vehicle and securitised in accordance with this Act.
- Art. 16(1) Unless otherwise specifically determined in writing in the terms of issue of securities: (a) holders of se
- Art. 17(1) Parties to a securitisation transaction shall be free to choose any law to govern contracts relating to or
- Art. 18No vehicle established under the laws of Malta shall commence business as a securitisation vehicle in or from
- Art. 19(1) For the purposes of this article: (a) a public securitisation vehicle shall mean a securitisation vehicle
- Art. 20(1) For the better carrying out of the provisions of this Act or of the provisions of any regulations relating
- Art. 21(1) Any data or information which is transferred between persons within the context of a securitisation transa
- Art. 22(1) Notwithstanding the provisions of any other law, it shall be lawful: (a) for the constitutive documents of
- Art. 23(1) The Minister, acting on the advice of the competent authority, may make regulations as may be required for
- Art. 24This Act shall only apply to securitisations or securitisation transactions where: (a) the value of the securi
- Art. 25In this Act and in any rules made thereunder, if there is any conflict between the English and Maltese text, t
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