Document ID: chunk:federal_register_of_legislation:C2005C00498:clause:1_1070d:p2
Version: federal_register_of_legislation:C2005C00498
Segment Type: clause
Provision Reference: sch 1 cl 1070D (pt 2/2)
Character Range: 741242–741852

equal to at least the current market value of the securities indemnifying the company against loss following the production of the original certificate or other document.

 (7) If:
 (a) a certificate or other title document for securities is cancelled in reliance on the operating rules of a prescribed CS facility; and
 (b) having regard to those provisions, the certificate or other document should not have been cancelled;
this section applies to the certificate or other document as though it were destroyed on its cancellation.

Division 2—Transfer of certain securities

Subdivision A—General provisions