STRATE RULES Clause Samples
The "STRATE RULES" clause establishes that the agreement or transaction is subject to the rules and regulations set by STRATE, which is South Africa's central securities depository. In practice, this means that any processes involving the settlement, transfer, or custody of securities must comply with STRATE's operational procedures and requirements. By referencing these rules, the clause ensures that all parties are aligned with industry-standard practices, reducing the risk of disputes and promoting efficient, secure handling of securities transactions.
STRATE RULES. 22.1 It is the responsibility of the Client to keep abreast of the Strate Rules and Directives. The latest Strate Rules and Directives are available on its website ▇▇▇.▇▇▇▇▇▇.▇▇.▇▇.
STRATE RULES. It is the responsibility of the Client to keep abreast with the Strate rules, directives, regulations and notices. The Client is solely responsible for the submission of a written dividends tax declaration, if applicable, and to forthwith inform the withholding agent in writing should the circumstances of the beneficial owner change.
STRATE RULES. 20.1 It is the responsibility of the Market Participant appointed by the Client and the Client to keep abreast of the Strate Rules and Directives. The latest Strate Rules and Directives are available on its website ▇▇▇.▇▇▇▇▇▇.▇▇.▇▇.
STRATE RULES. It is the responsibility of the Client to keep abreast with the Strate Rules and Directives. Please visit ▇▇▇.▇▇▇▇▇▇.▇▇.▇▇ to obtain the latest Strate Rules and Directives. 26 SLB: The Client authorizes LIS to use up to 75% of each share of the Client, to lend or be lent out, against a fee income under LIS’ discretion. 27 Cash will not automatically be paid out to the Client, but will be credited to the Client’s account in LIS’ records, e.g. dividends and proceeds from sales. The Client agrees that the interest rate that may be allocated on his cash balance/s may be different from the rate that is earned on the LIS bank accounts. No interest will be allocated to or earned by the Client’s cash balance/s where funds were deposited with no or incorrect client account reference.
STRATE RULES. It is the responsibility of the Client to keep abreast with the Strate Rules and Directives. Please visit ▇▇▇.▇▇▇▇▇▇.▇▇.▇▇ to obtain the latest Strate Rules and Directives. 26 JSE Investor Services CSDP has in place a complaints resolution policy. Should you have any complaints a copy of this procedure can be obtained from ▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇.▇▇