CSD-1.3.6
Past version: Effective from 01 May 2009 to 31 Mar 2016
To view other versions open the versions tab on the right
The CBB may cancel any
(a) There exists a ground under which the CBB may refuse an application;
(b) The licensed clearing house or central depository is in the course of being wound up or otherwise dissolved;
(c) The licensed clearing house or central depository contravenes:
(i) Any condition or restriction applicable in respect of its license ;
(ii) Any direction issued to it by the CBB;
(iii) Any provision in this Module; or
(iv) Any other CBB law, rule or regulation;
(d) The licensed clearing house or central depository operates in a manner that is in the opinion of the CBB, contrary to the interests of the public or user; or
(e) Any information or document provided by the licensed clearing house or central depository to the CBB is false or misleading.