Intellectual Property Rights from Publicly Financed Research and
R 385
Financial Markets Act, 2012 (Act No. 19 of 2012)Chapter IV : Custody and Administration of SecuritiesGeneral provisions relating to custody and administration of securities46. Effectiveness in insolvency |
Any issuance, deposit, withdrawal, transfer, attachment, pledge, cession in securitatem debiti or other instruction in respect of securities or an interest in securities that has become effective against third parties, is effective against the insolvency administrator and creditors in any insolvency proceeding.