Irish Collective Asset-Management Vehicles Act 2015


Consequences of failure to comply with requirements as to register owing to agent’s default

51. Where, by virtue of section 50 (1)(b) , the register of members of an ICAV is kept at the office of some person other than the ICAV, and by reason of any default of that person the ICAV fails to comply with that section or with any requirements of this Act as to the production of the register, that other person shall be liable to the same penalties as if that other person were an officer of the ICAV who is in default.