Malaysia legislation

Section 30

of *SECURITIES INDUSTRY (CENTRAL DEPOSITORIES) ACT 1991

Section 30

Entries in securities accounts

An entry in a securities account in respect of a dealing shall—

(a)

in the case of a securities account established and maintained directly by a central depository, be deemed to have been made by, or with the authority of, the central depository; and

(b)

in the case of a securities account established through, and maintained by, an authorized depository agent on behalf of a central depository, be deemed to have been made by, or with the authority of, the authorized depository agent.

Entries in securities accounts in respect of direct business, etc.