Securities Industry Act · 1985 Revised Edition · Part V · Registers of Interests in Securities
42. Register of securities
Feedback & supportA person to whom this Part applies shall maintain a register in the prescribed form of the securities in which he has an interest.
securities
“securities” means —(a)debentures, stocks or bonds issued or proposed to be issued by a government;(b)debentures, stocks, shares, bonds or notes issued or proposed to be issued by a body corporate or unincorporate;(c)any right or option in respect of any such debentures, stocks, shares, bonds or notes; or(d)any interest as defined in section 107 of the Companies Act, but does not include —(e)futures contracts that are governed by any written law regulating trading in futures contracts;(f)bills of exchange;(g)promissory notes; or(h)certificates of deposit issued by a bank;
Particulars of the securities in which a person to whom this Part applies has an interest and particulars of his interest in those securities shall be entered in the register within 7 days of the acquisition of the interest.
Where there is a change (not being a prescribed change) in the interest or interests of a person to whom this Part applies in securities he shall enter in the register full particulars of the change including the date of the change and the circumstances by reason of which that change has occurred.
The entry shall be made within 7 days after the date of the change.
For the purposes of this subsection where a person acquires or disposes of securities, there shall be deemed to be a change in the interest or interests of that person.