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MT · Cap. 618

Residual Balances Fund Act (Cap. 618)

In force31 articlesText checked on 24 Oct 2026

Contents

  1. Art. 1 Shorttitle,purpose and object.
  2. Art. 2 Interpretation.  Cap. 373.    S.L. 373.01.   Cap. 330.  Cap. 371.  Cap. 204.    Cap. 371.   Cap. 371.  Cap. 371.  Cap. 376.  Cap. 373.  Cap. 373.  Cap. 373.  Cap. 371.    Cap. 386.  Cap. 371.
  3. PART II
  4. Art. 3 Establishment.
  5. Art. 4 Functions and powers of the Fund.
  6. Art. 5 Cooperation with the Fund.
  7. Art. 6 Other powers of the Fund.
  8. Art. 7 Governance of the Fund.
  9. Art. 8 Meetings of the Committee.
  10. Art. 9 Disqualifi-cation.  Cap. 386.  S.L. 601.03.
  11. Art. 10 Conflicts of interest.
  12. PART III
  13. Art. 11 Conditions for a deposit liability transfer.     Cap. 204.
  14. Art. 12 Public notice.
  15. Art. 13 Effectsofadeposit liability transfer.
  16. Art. 14 Further effects of a deposit liability transfer.
  17. Art. 15 Cooperation with the Authority and the Fund in relation to the deposit liability transfer.
  18. Art. 16 Notification procedure.
  19. PART IV
  20. Art. 17 Establishment of deposit liability portfolios.
  21. Art. 18 Segregation of deposit liability portfolios.
  22. PART V
  23. Art. 19 Procedure for the release of transferred deposit liabilities.
  24. Art. 20 Distribution and utilisation of remaining funds.
  25. PART VI
  26. Art. 21 Exemption of liability.
  27. Art. 22 Funding.
  28. Art. 23 Forfeiture of proceeds of crime.
  29. Art. 24 Confidentiality.
  30. Art. 25 Cooperation and exchange of information.
  31. Art. 26 Notification and reporting requirements.
  32. Art. 27 Offences.
  33. Art. 28 Administrative penalties and measures.
  34. Art. 29 Powers of the Authority.
  35. Art. 30 Right of appeal.   Cap. 330.      Cap. 330.
  36. Art. 31 Power to make regulations.