MFSA Consultation Document on the proposed amendments to the Tenth Schedule of the Companies Act

MEDIA ROOM

A series of amendments to the Tenth Schedule of the Companies Act have been drafted by the MFSA and will be proposed to the Parliament for adoption in the form of a Legal Notice.

The Companies Act

These amendments modify the current regime applicable to partnerships en commandite established as collective investment schemes in terms of article 66A of the Companies Act and the current Tenth Schedule of the Companies Act.

With a view to ensuring that the amended text will be workable for private equity funds, the MFSA published it on its website and submitted it for Public Consultation on 2nd June 2014. By 20th June 2014, the interested parties can address comments and feedback to the Authorisation Unit.