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CSD-5.4.2

Past version: Effective from 01 May 2009 to 31 Mar 2016
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Where the securities of a licensed clearing house or central depository are listed for quotation on a securities market operated by any of its related corporations, the listing rules of the securities market shall be deemed to allow the CBB to act in place of the operator of the securities market in making decisions and taking action, or to require the operator of the securities market to make decisions and to take action on behalf of the CBB, on:

(a) The admission or removal of the licensed clearing house or central depository, to or from the official list of the securities market; and
(b) Granting approval for the securities of a licensed clearing house or central depository to be, or stopping or suspending the securities of the licensed clearing house or central depository from being listed for quotation or quoted on the securities market.