Transferability of security receipts limited to qualified buyers; issuers must ensure pro rata payments and disclose selection details. Transferability of security receipts is limited to qualified buyers under the securitisation statute. Unless the issue terms provide otherwise, the listed entity must make payments on security receipts on a pro rata basis or by lot and must promptly submit to the stock exchange(s) details if any receipts are selected for payment otherwise than pro rata or by lot.