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CSD-1.5 Power to Stop Commencement or Order Cessation CSD-1.5.2

CSD-1.5.1

The CBB may order a personG who has applied under rule CSD-1.1.1 not to establish or commence operation of a clearing or depository facility if:

(a) The personG did not furnish the CBB with such information or documents as required under rule CSD-1.2.3 of this Module;
(b) Any information or document provided by the personG to the CBB is or proves to be false or misleading; or
(c) The CBB is of the opinion that it is in the interests of the capital market or financial sector.
 Versions
(1 Version)
 
May 1 2009 onwards
CSD-1.5 Power to Stop Commencement or Order Cessation CSD-1.5.2
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