Securitisation Act (Cap. 484)
Securitisation Act (Cap. 484), article 24
24. This Act shall only apply to securitisations or
securitisation transactions where:
(a) the value of the securitisation transaction or the value
of the financial instruments issued by the
securitisation vehicle exceeds such minimum value as
may be stated in a notice issued by the competent
authority from time to time, or
(b) a specific securitisation transaction has been otherwise
approved in writing by the competent authority.
English text to
prevail.
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