CITE

    15 USC Sec. 80a-52                                          01/05/2009

EXPCITE

    TITLE 15 - COMMERCE AND TRADE
    CHAPTER 2D - INVESTMENT COMPANIES AND ADVISERS
    SUBCHAPTER I - INVESTMENT COMPANIES

HEAD

    Sec. 80a-52. Effective date

STATUTE

      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.

SOURCE

    (Aug. 22, 1940, ch. 686, title I, Sec. 53, 54 Stat. 847; Pub. L.
    100-181, title VI, Sec. 624, Dec. 4, 1987, 101 Stat. 1262.)

AMENDMENTS

      1987 - Pub. L. 100-181 struck out at end of first sentence ":
    Provided, however, That any such face-amount certificate company
    may register prior to said date, as provided by section 80a-8 of
    this title, and such registration shall not operate to change or
    affect said effective date as to any such company or any face-
    amount certificates issued by it".
                     EFFECTIVE DATE OF 1970 AMENDMENT
      Section 30 of Pub. L. 91-547 provided that: "This Act [see Short
    Title note set out under section 80a-51 of this title] shall take
    effect on the date of its enactment [Dec. 14, 1970], except that -
        "(1) 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];
        "(2) 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];
        "(3) 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
        "(4) 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]."