Section 25: Demutualisation
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.
25. Demutualisation
(1) The SEM shall be a demutualised exchange constituted as a public
company.
S7 – 17 [Issue 9]
Securities Act
(2) Except with the approval of the Commission, the SEM shall not—
(a) make any change in its legal structure; and
(b) make any public offer of its securities.
Sub-Part C – Central Depository and Settlement Co Ltd (CDS)