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Article 18 Services to the Participants

The CSU shall provide the Participants with the following services:

18.1 Depository services for securities issued as physical certificates;
18.2 Deposits and withdrawals of securities on their own behalf, or on behalf of holders of securities;
18.3 Maintenance in the Central Securities Registry of deposited securities, and in connection with:
18.3.1 up-to-date balances for the Participant's securities accounts;
18.3.2 up-to-date balances on the accounts of individual holders of securities;
18.3.3 book-entry transfers on the securities accounts of both the Participants and individual holders of securities;
18.3.4 book-entries of pledges and other third-person rights on securities;
18.3.5 other entries and updates relating to securities accounts and securities holders.
18.4 Clearing and settlement of payment obligations arising from BSE trades and in connection with:
18.4.1 calculation of the total amounts payable and receivable by individual Participants.
18.4.2 determination of net amounts payable and receivable by individual Participants.
18.4.3 ensuring the execution of cash payment obligations and fulfillment of transfer of ownership obligations.
18.5 The CSU may effect on behalf of the Participants and their clients other services with respect to securities, including but not limited to, borrowing, lending, settlements, credit and debit of dividends, interest payments and other distribution services, and processing of issuer's securities undergoing reorganization.