Section 62A
Power of exemption
of Securities Industry (Central Depositories) Act 1991
ActIn forceProvision 72 of 78
Section 62A
(1)
The Minister may, if he considers it not inconsistent with the purposes of this Act or in the interest of the public or investing public, by order published in the Gazette, exempt any particular person or particular security, or any class, category or description of persons or securities, from all or any of the provisions of this Act.
(2)
An exemption under subsection (1) shall be granted for such duration, and may be subject to such limitations, restrictions or conditions, as the Minister may specify in the order.