PART 8: INVESTMENT ENTITLEMENTS

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Legal Framework

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PART 8: INVESTMENT ENTITLEMENTS

26. Right of Transferee of Security to Transfer Authority for registration etc.

27. Acquisition and disposal of Investment Entitlements

27. Acquisition and disposal of Investment Entitlements

28. Rights in Investment Entitlements

29. Exercise of rights in Investment Entitlements

30. Investment Accounts: authority, timing, conditionality and reversals

31. Prohibition of higher-tier attachment

32. Recognition of and priority among competing interests

33. Protection against Third Party Property Interests

34. Duty of Investment Intermediary to have sufficient Investment Entitlement

35. Investments and certain money claims not part of insolvent Investment Intermediary’s estate etc.

36. Effect of insufficiency on Account Holders’ rights

37. Right of Transfer against insolvent Investment Intermediary

38. Insolvency of clearing and settlement intermediaries or Authorised Market Institutions

39. Instructions to Investment Intermediaries

40. Position of issuers of Investments

41. Set-off and netting

42. Enforcement of Investment Entitlements