CSD-5.2.6

Past version: Effective from 01 May 2009 to 31 Mar 2016
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Any issue of shares by a licensed clearing house or central depository in contravention of paragraph CSD-5.2.5 (b) shall be deemed to be null and void, and a person to whom a direction has been issued under this paragraph shall immediately return those shares to the licensed clearing house or central depository, upon which the licensed clearing house or central depository shall return to the person any payment received from him in respect of those shares.