(1) The SCH business rules have effect, by force of this section, as a
contract under seal:
- (a)
- between the SCH and each issuer; and
- (b)
- between the SCH and each SCH participant; and
- (c)
- between each issuer and each SCH participant; and
- (d)
- between an SCH participant and each other SCH participant;
under which each of the persons mentioned in paragraphs (a) to (d) agrees
to observe and perform the provisions of the SCH business rules as in force
for the time being to the extent, and in the manner, provided by the
SCH business rules.
(2) In this section:
"issuer" means an issuing body, within the meaning of Division 3 of
Part 7.13, in relation to quoted securities or quoted rights.
Commonwealth Numbered Acts