Federal · Title 15 — Commerce and Trade

15 U.S.C. § 80a: Effective date

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The effective date of the provisions of this subchapter, so far as the same relate to face-amount certificates or to face-amount certificate companies, is January 1, 1941 . The effective date of provisions hereof, insofar as the same do not apply to face-amount certificates or face-amount certificate companies is November 1, 1940 . Except as herein otherwise provided, every provision of this subchapter shall take effect on November 1, 1940 . sections (5)(a), (b), and (c); 8; 9(a); 11; 18; 24(a); and 25 (amending sections 10(a), (b), and (c) [section 80a–10(a), (b), and (c)]; 15 [section 80a–15]; 17(f) [section 80a–17(f)]; 19 [section 80a–19]; and 32(a) of the Investment Company Act of 1940 [section 80a–31(a)]; and sections 203(b) and 205 of the Investment Advisers Act of 1940 [sections 80b–3(b) and 80b–5 of this title], respectively) shall take effect upon the expiration of one year after the date of enactment of this Act [ Dec. 14, 1970 ]; that part of section 5(d) which substitutes ‘interested persons’ for ‘affiliated persons’ in section 10(d) of the Investment Company Act of 1940 [ section 80a–10(d) of this title ] shall take effect upon the expiration of one year after the date of enactment of this Act [ Dec. 14, 1970 ]; sections 16 and 17 (amending section 27 and 28 of the Investment Company Act of 1940 [sections 80a–27 and 80a–28 of this title]) shall take effect upon the expiration of six months after the date of enactment of this Act [ Dec. 14, 1970 ]; and that part of section 20 which adds a subsection (b) to section 36 of the Investment Company Act of 1940 [ section 80a–35 of this title ] shall take effect upon the expiration of eighteen months after the date of enactment of this Act [ Dec. 14, 1970 ].”

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