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 46 - Registration of transfer of Bullion Depository Receipt
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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Bullion Depository Receipt transfers require depositories to register receipts in transferees' names upon direct or participant-mediated intimation. Registration of transfer of Bullion Depository Receipts requires every bullion depository, upon receiving an intimation directly or through a participant, ... Summary
Bullion Depository Receipt transfers require depositories to register receipts in transferees' names upon direct or participant-mediated intimation.
Registration of transfer of Bullion Depository Receipts requires every bullion depository, upon receiving an intimation directly or through a participant, to register the receipt in the transferee's name. The registration function rests with the bullion depository, and intimation may be received either directly or through a participant.
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