Collective Custody definition
Collective Custody means the collective custody services over the Securities jointly owned by more than one party whose interests are represented by the Custodian as defined under the Capital Market Law.
Collective Custody means the collective custody services over Securities jointly owned by more than one party whose interests are represented by the Custodian, as defined under the Capital Market Law.
Collective Custody means a custody service for Securities jointly owned by more than one Party who have their interests represented by the Custodian.
Examples of Collective Custody in a sentence
The Company’s shares that are held in the Collective Custody of the Depository and Settlement Institution must be recorded in the Company’s Register of Shareholders in the name of the Depository and Settlement Institution in favour of the account holders of the relevant Depository and Settlement Institution.
For the Company’s shares that are not held in the Collective Custody of the Depository and Settlement Institution (Lembaga Penyimpanan ▇▇▇ Penyelesaian), the Company shall provide the shareholders with a proof of ownership of the Company’s shares in the form of a share certificate or a collective share certificate.
More Definitions of Collective Custody
Collective Custody means the collective custody services over Securities jointly owned by more than one party whose interests are represented by the Custodian as defined under the Capital Market Law. Jakarta, 8th March 2010 I, Uki Ukanto, sworn and authorized translator by virtue of Decree of Governor of Jakarta No. 2238/2004, certify that the above is true and accurate English version translated from its original Indonesian text.