Virtual Asset (Service Providers) Act, 2020 (Commencement) Order, 2025 (SL 18 of 2025)

Virtual Asset (Service Providers) Act, 2020 VIRTUAL ASSET (SERVICE PROVIDERS) ACT, 2020 (COMMENCEMENT) ORDER,

PUBLISHING DETAILS

Paragraph 1

Virtual Asset (Service Providers) Act, 2020 VIRTUAL ASSET (SERVICE PROVIDERS) ACT, 2020 (COMMENCEMENT) ORDER, 2025 In exercise of the powers conferred by section 1(2) of the Virtual Asset (Service Providers) Act, 2020 , the Cabinet makes the following Order — Citation This Order may be cited as the Virtual Asset (Service Providers) Act, 2020 (Commencement) Order, 2025. Commencement The provisions of the Virtual Asset (Service Providers) Act, 2020 specified in the second column of the table in the Schedule come into force on 1st April, 2025.

(paragraph 2) Specified Provisions of the Act No. Provision Section 3(1), in respect of virtual asset service licensees and existing licensees Section 4(1)(b) and (c) Section 5, in respect of applications for virtual asset service licences Section 8, except subsection (2)(b) Sections 9(6) Section 11(1) to (7) Section 11(8), in respect of the applicable requirements under section 11 only Section 24(1)(c)(iii) Section 25, in respect of virtual asset service licensees Section 27, in respect of virtual asset service licences Section 30(1)(a), in respect of decisions made regarding virtual asset service licences Section 30(1)(b), in respect of virtual asset service licences

Section 34, in respect of virtual asset service licensees or former licensees Section 35(3) Made in Cabinet the 25th day of February, 2025. Kim Bullings Clerk of the Cabinet