CSD-3.5.4

Past version: Effective from 01 May 2009 to 31 Mar 2016
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The CBB may, by notice in writing to the licensed clearing house or central depository, extend the period referred to in rule CSD-3.5.3:

(a) To a maximum of 45 business days from the day of receipt of a completed application referred to in rule CSD-3.5.1; or
(b) For a further period of such duration as the CBB thinks fit upon the expiry of the 45 business days referred to in (a) above.