RIGHTS AND OBLIGATIONS OF BULLION DEPOSITORIES, PARTICIPANTS AND BENEFICIAL OWNERSInternational Financial Services Centres Authority (Bullion Market) Regulations, 2025
RIGHTS AND OBLIGATIONS OF BULLION DEPOSITORIES, PARTICIPANTS AND BENEFICIAL OWNERSInternational Financial Services Centres Authority (Bullion Market) Regulations, 2025
Regulation 47 - Rights of Bullion Depositories and Beneficial Owners
International Financial Services Centres Authority (Bullion Market) Regulations, 2025 Chapter XI RIGHTS AND OBLIGATIONS OF BULLION DEPOSITORIES, PARTICIPANTS AND BENEFICIAL OWNERS
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Beneficial ownership of bullion receipts preserves all rights, benefits and liabilities despite depository registration and transfer authority. Bullion depositories may transfer ownership of bullion depository receipts for beneficial owners but have no other rights over the underlying bullion. ... Summary
Beneficial ownership of bullion receipts preserves all rights, benefits and liabilities despite depository registration and transfer authority.
Bullion depositories may transfer ownership of bullion depository receipts for beneficial owners but have no other rights over the underlying bullion. Beneficial owners retain all rights and benefits, and bear all liabilities, relating to their bullion depository receipts.
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