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
Bullion delivery requires payment of vault charges and surrender of the depository receipt for cancellation before release. Delivery of bullion to the beneficial owner under a bullion depository receipt requires payment of all charges due to the vault manager and surrender of ... Summary
Bullion delivery requires payment of vault charges and surrender of the depository receipt for cancellation before release.
Delivery of bullion to the beneficial owner under a bullion depository receipt requires payment of all charges due to the vault manager and surrender of the receipt for cancellation. The vault manager must not release the bullion until these conditions are fulfilled.
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