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Section 28: Transfer of ownership of securities

Securities Act · PART III: FINANCIAL MARKETS REGULATION

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.

28. Transfer of ownership of securities (1) Notwithstanding any other enactment, the exclusive method of transferring the ownership of securities deposited in the CDS shall be a transfer made in accordance with the rules and procedures of the CDS. (2) In the event of a conflict between the records of the CDS and any other records or documents concerning the ownership and transfer of securities deposited in the CDS, the records of the CDS shall prevail. Sub-Part D – Intermediaries

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