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25. Application of this Division

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(1)

This Division shall apply to customer’s assets received by the holder of a capital markets services licence to be held on account of the customer or as collateral for any amount owed by the customer to the holder.

(2)

In this Division, “custodian” means a person referred to in regulation 27(1), (2) or (3), as the case may be.

Subregulation 1

This Division shall apply to customer’s assets received by the holder of a capital markets services licence to be held on account of the customer or as collateral for any amount owed by the customer to the holder.

Subregulation 2

In this Division, “custodian” means a person referred to in regulation 27(1), (2) or (3), as the case may be.

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