ACT 125

COMPANIES ACT 1965 (REVISED - 1973)

PART XI - VARIOUS TYPES OF COMPANIES, ETC.

DIVISION 1 - INVESTMENT COMPANIES

Section 325. Not to speculate in commodities.

(1) No investment company shall for the purpose of profit buy or sell or deal in any raw materials or manufactured goods, whether in existence or not, otherwise than by investing in companies trading in those materials or goods. (2) Subsection (1) shall not apply to or in relation to— (a) any buying, selling or dealing by an investment company in pursuance of a contract entered into by the investment company before it was declared to be an investment company; or (b) the selling of or the dealing in raw materials or manufactured goods acquired by the investment company before it was so declared.