SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM N-8A

           NOTIFICATION OF REGISTRATION FILED PURSUANT TO SECTION 8(a)
                      OF THE INVESTMENT COMPANY ACT OF 1940

         The undersigned  investment  company hereby notifies the Securities and
Exchange  Commission  that it registers  under and pursuant to the provisions of
Section 8(a) of the Investment  Company Act of 1940 and in connection  with such
notification of registration submits the following information:

                 ____________________________________________


Name:   ASA (Bermuda) Limited
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Address of Principal Business Office (No. & Street, City, State Zip Code):
        4th Floor, 11 Summer Street, Buffalo, NY 14209
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Telephone Number (including area code):  (716) 883-2428
                                        --------------------------------

Name and Address of Agent for Service of Process:
        JPMorgan Chase Bank, 3 Chase Metrotech Center, Brooklyn, NY 11245
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Check Appropriate Box:

         Registrant is filing a Registration  Statement pursuant to Section 8(b)
of the Investment Company Act of 1940 concurrently with the filing of Form N-8A:
YES [ X ] NO [ ]


                                   SIGNATURES

         Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has caused this notification of registration to be duly signed on its
behalf in the City of Buffalo  and State of New York on the 4th day of October,
2004.

                                                   ASA (BERMUDA) LIMITED


                                                   By: /s/ Robert J.A. Irwin
                                                      ------------------------
                                                      Name:  Robert J.A. Irwin
                                                      Title: President



Attest: /s/ Paul K. Wustrack, Jr.
        -----------------------------
        Name:  Paul K. Wustrack, Jr.
        Title: Secretary