16. Payment for allotted book-entry MAS securities
Feedback & supportPayment for allotted book-entry MAS securities must be made by way of a pre-authorised funds transfer to the Authority from the account of the applicant’s settlement bank specified in the application, in accordance with the terms of authorisation provided to the Authority by the settlement bank.
Payment must be made on the date specified in the public notice relating to the issue of the book‑entry MAS securities.
Subregulation 1
Payment for allotted book-entry MAS securities must be made by way of a pre-authorised funds transfer to the Authority from the account of the applicant’s settlement bank specified in the application, in accordance with the terms of authorisation provided to the Authority by the settlement bank.
Subregulation 2
Payment must be made on the date specified in the public notice relating to the issue of the book‑entry MAS securities.