Act Number: 22

Act Name: The Depositories Act, 1996

Year: 1996

Enactment Date: 1996-08-10

Long Title: An Act to provide for regulation of depositories in securities and for matters connected therewith or incidental thereto.

Ministry: Ministry of Finance

Department: Department of Economic Affairs

Section 17: Rights and obligations of depositories, etc.
    (1) Subject to the provisions of this Act, the rights and obligations of the depositories, participants and the issuers whose securities are dealt with by a depository shall be specified by the regulations.
     (2) The eligibility criteria for admission of securities into the depository shall be specified by the regulations.
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