Bye laws approval requirement: prior board approval required for exchange and clearing corporation bye laws and constitutional amendments. A recognised stock exchange and recognised clearing corporation must make bye laws for regulating contracts and clearing and settlement only with the ... Summary
Bye laws approval requirement: prior board approval required for exchange and clearing corporation bye laws and constitutional amendments.
A recognised stock exchange and recognised clearing corporation must make bye laws for regulating contracts and clearing and settlement only with the previous approval of the Board; amendments to constituent documents insofar as they relate to matters under the Act, these regulations, or the bye laws also require prior Board approval.
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