Safe Deposit of Securities Amendment Act 70 of 1996

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70 of 1996

The Safe Deposit of Securities Amendment Act 70 of 1996 intends:

to amend the Safe Deposit of Securities Act, 1992 [repealed in 2005], so as
to amend, delete or insert certain definitions;
to further regulate the deposit of securities with a depositary institution and with a central securities depository;
to provide that a depositary institution may disclose certain information to an issuer of securities;
to regulate a certain cession of securities;
to further regulate the deliveries of securities;
to empower the Registrar of Financial Markets to amend terms and conditions subject to which a centrial securities depository had been registered;
to extend the provisions relating to the rules of a central securities depository;
to effect certain technical amendments to the Act; and
to provide for matters connected therewith.

20 November 1996