Article 42 Provision of Central Depository Services Contract
The services provided for in Article (41) above shall be provided by a contract to be made with the beneficial owner, where rights and obligations of the two parties shall be defined, provided that the contract shall include, inter alia, the following:
1. The scope of services provided by the participating member to his clients and the commission payable to him for providing such services.
2. Conditions relating to the management of the clients' securities accounts.
3. Attendance of general meetings and voting on behalf of the clients.
4. Reports and statements of accounts to be submitted to the client and the time and manner in which they will be presented. The custodian should inform his clients of the securities deposited in his account with the Central Depository within three days from the date of deposit.