Securities and Futures (Central Depository System) Regulations 2015
Table of Contents
Enacting Formula
1 Citation and commencement
2 Definitions
3 Forms
4 Control of depository agents by Depository
5 Duties of Depository
6 Duties of depository agents
7 Rights and obligations of depositor in his or her book-entry security are same as depositor’s deposited security
8 No law requiring proper instrument of transfer and documents evidencing title to validate transfer of securities applies to transfer of book-entry securities
9 Record of entry in depositor’s account prima facie evidence
10 Jumbo certificates and marketable lots
11 Procedure for transmission of title on death or bankruptcy
12 Procedure on transmission of title by Court order
13 Orders restraining transfer or dealing in book‑entry securities
14 Period in which records to be kept by Depository and depository agents
15 Certificate of authorised officer to be evidence
16 Six-monthly statements of accounts to be sent by Depository
17 Duty of Depository to keep certain records
18 Physical stock count of documents evidencing title and other documents
19 Procedure for withdrawal of securities
20 Securities interest — Forms
21 Creation of certain security interests by sub-account holders and depository agents under common law not precluded
22 Subsistence of security interests created before securities converted into book-entry securities
23 Security interests created by assignment to include all securities
24 Audit
25 Approval of depository fee by Authority
26 Duty to comply with rules of Depository
27 Depository not liable for failure of electronic system of Depository
28 Penalty
29 Application of sections 150 and 150A of Act
30 Savings and transitional provisions