quoted rights (1) If the SCH business rules provide that marketable securities
or marketable rights that stop being quoted securities or quoted rights are
taken to continue to be quoted securities or quoted rights for a specified
period, then, for the purposes of the provisions mentioned in
subsection (3), those securities or rights are taken to be quoted
securities or quoted rights during that period.
(2) If the SCH business rules provide that marketable securities or marketable
rights that:
- (a)
- are approved, by a securities exchange, to be listed for
quotation on a stock market of a securities exchange, but that are not yet so
listed; and
- (b)
- have been issued;
are taken to be quoted securities or quoted rights for a specified period,
then, for the purposes of the provisions mentioned in subsection (3),
those securities or rights are taken to be quoted securities or quoted rights
during that period.
(3) These are the provisions:
- (a)
- the definitions of proper SCH transfer ,
SCH certificate cancellation provisions , SCH-regulated transfer and
SCH subregister in section 9; and
- (b)
- section 653A and the provisions of Parts 7.2A and 7.13, and of
any regulations made for the purposes of those Parts.