Section 35Part 6 — Miscellaneous Provisions
Orders or determinations by court not affected
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This amendin g and validating Act does not affect any order or determination made by a court with respect to fees charged by, paid to and collected by the Authority without statutory authority prior to 1st January, 2025 , the commencement date of the Private Funds (Amen dment and Validation) Act, 2024 [Act 20 of 2024] for — (a) the registration of a private fund; (b) the filing of the details of changes related to a private fund; or (c) the submission of annual returns. 9 Private Funds Act (2025 Revision) SCHEDULE SCHEDULE (Sections 2 and 3 2 ) Non - fund arrangements The following arrangements, as defined in rules and guidance issued by the Authority under section 34 of the Monetary Authority Act (2020 Revision) , constitute non - fund arrangements — (a) pension funds; ( b ) securitisation special purpose vehicles; ( c ) contracts of insurance; ( d ) joint ventures; ( e ) proprietary vehicles; ( f ) officer, manager or employee incentive, participation or compensation schemes, and programmes or schemes to similar effect ; ( g ) holding vehicles; ( h ) individual investment management arrangements; ( i ) pure deposit - based schemes; ( j ) arrangements not operated by way of business; ( k ) debt issues and debt issuing vehicles ; ( l ) common accounts; ( m ) franchise arrangements; ( n ) timeshare and long - term holiday product schemes; ( o ) schemes involving the issue of certificates representing investments; ( p ) clearing services; ( q ) settlement services; ( r ) funeral plan contracts; ( s ) individual pension accounts; ( t ) structured finance vehicle s ; ( u ) preferred equity financing vehicle s ; ( v ) a fund of whose investment interests are listed on a stock exchange (including an over - the - counter - market) specified by the Authority by notice in the Gazette ; SCHEDULE Private Funds Act (2025 Revision) ( x ) occupational and personal pension schemes; ( y ) sovereign wealth funds ; ( z ) single family offices . Publication in consolidated and revised form authorised by the Cabinet this 21st day of January, 202 5 . Kim Bullings Clerk of Cabinet Private Funds Act (2025 Revision) ENDNOTES ENDNOTES Table of Legislation history : SL # Act/ Law # Legislation Commencement Gazette 60 /2024 Private Funds (Amendment and Validation) Act, 2024 (Commencement) Order, 2024 19 - Dec - 2024 LG47/2024/s26 20 /2024 Private Funds (Amendment and Validation) Act, 2024 1 - Jan - 202 5 LG47/2024/s11 Private Funds Act (2021 Revision) 19 - Feb - 2021 LG16/2021/s4 5 6/2020 Citation of Acts of Parliament Act , 2020 3 - Dec - 2020 L G89 /2020/s 1 30/2020 Private Funds (Amendment) Law, 2020 7 - Jul - 2020 LG49/2020/s6 3/2020 Private Funds Law, 2020 (Commencement) Order, 2020 7 - Feb - 2020 LG9/2020/s 4 1/2020 Private Funds Law, 2020 7 - Feb - 2020 LG9/2020/s1 Table of Endnote references: 1 S. 2 Substituted by Private Funds (Amendment) Act [ Law 30 of 2020] 2 S. 6 amended by Private Funds (Amendment and Validation ) Act [ Act 2 0 of 202 4 ] 3 S. 11 amended by Private Funds (Amendment and Validation ) Act [ Act 2 0 of 202 4 ] 4 S. 14 amended by Private Funds (Amendment and Validation ) Act [ Act 2 0 of 202 4 ] 5 S. 16(4)(b)(i i) amended by Private Funds (Amendment) Act [Law 30 of 2020] 6 S. 17(4)(b)(ii) amended by Private Funds (Amendment) Act [Law 30 of 2020] 7 S. 18
(b)(ii) amended by Private Funds (Amendment) Act [Law 30 of 2020 ] 8 S.34 inserted by Private Funds (Amendment and Validation ) Act [ Act 2 0 of 202 4 ] 9 S. 35 inserted by Private Funds (Amendment and Validation ) Act [ Act 2 0 of 202 4 ] ENDNOTES Private Funds Act (2025 Revision) Page 32 Revis ed as at 1st January, 2025 c (Price: $6.40)
Cross References
- Section 34 of Monetary Authority Actexternal
Reference to Monetary Authority Act