Virtual Asset (Service Providers) Law, 2020 (Commencement) Order, 2020 (SL 137 of 2020)

Virtual Asset (Service Providers) Law, 2020 (Law 14 of 2020) VIRTUAL ASSET (SERVICE PROVIDERS) LAW, 2020 (COMMENCEMENT) ORDER,

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Virtual Asset (Service Providers) Law, 2020 (Law 14 of 2020) VIRTUAL ASSET (SERVICE PROVIDERS) LAW, 2020 (COMMENCEMENT) ORDER, 2020 In exercise of the powers conferred by section 1(2) of the Virtual Asset (Service Providers) Law, 2020, the Cabinet makes the following Order — Citation This Order may be cited as the Virtual Asset (Service Providers) Law, 2020 (Commencement) Order, 2020. Commencement The provisions of the Law specified in the second column of the table in the Schedule come into force on the date set out in the third column of the table in the Schedule.

Commencement Date of Specified Provisions of the Law No. Provision Commencement date Sections 1, 2 Section 3(1), where the provisions relate to a registered person Section 3(2) Section 4(1)(a) for all persons except existing licensees Sections 4(2), 4(3), 4(4) Section 5, in respect of applications for registration and for registered persons Sections 6(1),6(2)(a), 6(2)(b)(ii), 6(3), 6(4), 6(5), 6(7), 6(8) Section 6(9) Sections 9(1), 9(2), 9(3), 9(4), 9(5), 9(7), 9(8), 9(9), 9(10) Section 9(11) Section 14, in respect of registered persons Section 15(1) Section 15(2)(a), in respect of registration Sections 15(2)(d), 15(2)(e) Section 15(5) Section 15(6) Sections 22(a), 22(c), 22(d), 22(k), 22(l), 22(m) and 22(n) in respect of the decision by the Authority to register an applicant Sections 24(1)(a), 24(1)(b),24(1)(c)(i), 24(1)(c)(ii), 24(1)(c)(iv), 24(1)(c)(v), 24(1)(e) Section 24(1)(d), in respect of virtual asset services Sections 24(2), 24(3) Section 25, where the provisions relate to registered persons

No. Provision Commencement date Sections 26(1), 26(2) Section 26(3) Sections 28(1), 28(2), 28(3), 28(4), 28(5), 28(6), 28(7), Section 28(8) Section 30(1)(a), where the appeal relates to decisions made regarding registration Sections 30(1)(c), 30(1)(f) Section 30(1)(d) Sections 30(2), 30(3), 30(4), 30(5), 30(6), 30(7), 30(8) Section 34, where the winding up relates to registered person or former registered person Sections 35(1), 35(2) Sections 36, 37, Sections 38, 39, 40, 41 Made in Cabinet the 28th day of October, 2020. Kim Bullings Clerk of the Cabinet