Prior approval for exchange and clearing corporation bye laws: amendments and governance changes require Board consent before effectiveness. A recognised stock exchange and recognised clearing corporation must secure prior Board approval for bye laws regulating contracts and clearing and ... Summary
Prior approval for exchange and clearing corporation bye laws: amendments and governance changes require Board consent before effectiveness.
A recognised stock exchange and recognised clearing corporation must secure prior Board approval for bye laws regulating contracts and clearing and settlement; amendments to constitutive documents touching on matters under the Act, these regulations or the bye laws cannot be made without such prior Board approval, and submission procedures for amendments are set out in PART E of Schedule II.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.