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Version status: In force | Document consolidation status: No known changes
Version date: 1 April 2001 - onwards
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27. Amendment of section 30 of Act of 1995 (Issue of receipts).

Section 30 of the Act of 1995 is hereby amended by the substitution of the following for that section:

"30. -

(1) Without prejudice to any codes of conduct which may be issued or approved of by a supervisory authority under section 37 of this Act, an investment product intermediary shall issue a receipt for each non-negotiable or negotiable instrument or other payment received for the purposes of transmitting an order or a deposit to a product producer and the receipt shall state succinctly the terms and conditions upon which a transaction was entered into.

(2) The receipt issued under subsection (1) of this section shall state that it is issued pursuant to this section and shall, subject to such alterations or additions as may be prescribed under subsection (3) of this section, specify the following:

(a) the name and address of the investment product intermediary;

(b) the name and address of the person furnishing the instrument or payment, or an alternative form of identification appr

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