Private Funds (Amendment and Validation) Act, 2024 (Commencement) Order, 2024

Summary

This is a short Commencement Order made by the Cayman Islands Cabinet that brings the Private Funds (Amendment and Validation) Act, 2024 (Act 20 of 2024) into force. It does not contain any substantive amendments itself; it is purely a mechanical instrument fixing the date on which the underlying Act takes legal effect.

• Commencement date: The Order states that the Private Funds (Amendment and Validation) Act, 2024 comes into force on 1st January, 2025.
• Substantive changes: Readers seeking the actual changes to private funds regulation (e.g., amendments to the Private Funds Act or validation provisions) will need to consult the text of Act 20 of 2024 itself, which is not reproduced in this document.
• Who is affected: Because this document only fixes a commencement date, it applies to whoever is affected by the underlying Private Funds (Amendment and Validation) Act, 2024 -- most likely private funds and their operators, though the entity types are not specified in this particular text.

Deadlines

• 1st January, 2025: Date on which the Private Funds (Amendment and Validation) Act, 2024 comes into force.

Related documents

• This document commences Private Funds (Amendment and Validation) Act, 2024 (Act 20 of 2024)
• This document is made under Private Funds (Amendment and Validation) Act, 2024 (Act 20 of 2024)