Division 7A — The Central Depository System—a book-entry or scripless system for the transfer of securities Flashcards
1
Q
Division 7A — The Central Depository System—a book-entry or scripless system for the transfer of securities
A
[Repealed by Act 36 of 2014]
NOTES
Division 7A of Part IV of the Act has been repealed and shifted to the Securities and Futures Act (Cap 289) as it concerns listed companies. The Steering Committee recommended that the CDP provisions be extracted and moved into a separate standalone Act in order to retain only core company law in the Act; see the Report of the Steering Committee for Review of the Companies Act, April 2011, Chapter 3, paras 52–54.