Regina v Securities and Investments Board and Another, Ex Parte Sun Life Assurance Society Plc: QBD 5 Oct 1995

Calls from SIB for contributions to compensation fund for default were proper. The section was intended to ensure sufficiency of compensation, not to limit the liability of practitioners.

Citations:

Times 09-Oct-1995, Independent 05-Oct-1995

Statutes:

Financial Services Act 1986 54(3)

Financial Services

Updated: 10 April 2022; Ref: scu.87995