Securities and Futures Act 2001 · 2020 Revised Edition · Part 13 · Offers of Investments
292H. Remuneration and expenses of Authority and others in certain cases
Feedback & supportLast amended by an amending law of 2013.
The Authority may at any time fix the remuneration and expenses to be paid by an approved trustee —
to a statutory manager or statutory adviser appointed in relation to the approved trustee, whether or not the appointment has been revoked; and
where the Authority has assumed control of the relevant business of the approved trustee, to the Authority and any person appointed by the Authority under section 320 in relation to the Authority’s assumption of control of the relevant business, whether or not the Authority has ceased to be in control of the relevant business.
The approved trustee must reimburse the Authority any remuneration and expenses payable by the approved trustee to a statutory manager or statutory adviser.
statutory manager
“statutory manager” means a statutory manager appointed under section 46AAB.