Section 15: Securities trading system rules
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
15. Securities trading system rules
(1) A securities trading system may make rules, not inconsistent with
this Act, any regulations made under this Act or any FSC Rules, for or with
respect to the operation of the system.
(2) Rules made under this section shall be of no effect unless approved
by the Commission.
(3) Rules made under this section shall have the effect of a contract
between—
(a) the trading system; and
(b) each person permitted to use the trading system to trade
securities,
under which each of those persons agrees to observe and perform the obligations imposed on the person by those rules.
[S. 15 amended by s. 12 of Act 15 of 2007 w.e.f. 28 September 2007.]