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Securities Markets Order, 2013 · s 103
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Securities Markets Order, 2013 · s 103
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
Any securities or other property held by a central securities depository for one of its members including securities that are in dematerialised form, shall be the property of the member and shall not be part of the assets of the central securities depository and deemed to be member's assets and as such are held on trust for the ultimate beneficiary.
Central securities depository requirements relating to dernaterialised securities.