CDP Depository Rules
17.1 Definitions
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Term | Meaning | |
A | ||
Account Holder | has the same meaning as defined in the Act. | |
Act | [deleted] | |
B | ||
business day | means a day on which the Depository is open for business. | |
Board | means the board of directors of CDP. | |
C | ||
CDP or Depository | means The Central Depository (Pte) Limited and, where the context requires, shall include its nominees. | |
CDP Clearing Rules | means the CDP Clearing Rules applying to all dealings in securities which are cleared through CDP, as the same may be varied, amended or supplemented from time to time. | |
CDP Rules | means the rules as set out herein, including, save where expressly indicated otherwise, Directives and Circulars, as the same may be varied, amended or supplemented from time to time. | |
Circulars | shall have the meaning ascribed to it in Rule 1.2.2. | |
Clearing Member | means an entity approved as a Clearing Member of CDP. | |
D | ||
Deposited Securities | means the securities deposited with the Depository by a Depositor. | |
Depositor | shall have the meaning ascribed to it in the Act. | |
Depository Agent | shall have the meaning ascribed to it in the Act. | |
Depository Agent Agreement | means the agreement entered into between the Depository and an applicant whose application to become a Depository Agent has been approved by the Depository, as the same may be varied, amended or supplemented from time to time and shall include the application form submitted by the applicant to become a Depository Agent. | |
Directive | shall have the meaning ascribed to it in Rule 1.2.2. | |
E | ||
Eligible Securities | means securities accepted or designated by the Depository or its nominee for deposit, custody, clearing or book-entry settlement. | |
Exchange Trade | means: (1) a trade transacted on or through any electronic trading system maintained by SGX-ST for the automatic matching and execution of trades in securities listed and/or quoted on the SGX-ST for the automatic matching and execution of trades in securities listed and/or quoted on the SGX-ST pursuant to the SGX-ST Rules; or (2) a trade reported to SGX-ST pursuant to the SGX-ST Rules, including but not limited to Direct Business (as defined in the SGX-ST Rules); or (3) a trade reported by a Clearing Member to CDP, which CDP accepts for clearing in Inter-Broker Settlement; or (4) a trade transacted on such exchange (other than SGX-ST) with which CDP may have direct or indirect clearing arrangements from time to time, or in relation to which trade CDP has clearing arrangements in place; with the exception of such trades as CDP may from time to time stipulate as not being "Exchange Trades" falling under the CDP Clearing Rules | |
F | ||
Foreign Securities | means securities issued by an issuer, which are deposited with a foreign depository, sub-custodian or custodian, for the purpose of the clearance and/or settlement of transactions of such securities on SGX-ST or a foreign stock exchange, or for the purpose of custody. | |
I | ||
Indemnified Persons | shall have the meaning ascribed to it in Rule 14.1. | |
Inter-Broker Settlement | means the system and process of settlement of Exchange Trades between the Clearing Members and CDP. | |
Issuer | means a company or any other person whose securities have been accepted or designated by the Depository as Eligible Securities. | |
M | ||
MAS | means the Monetary Authority of Singapore. | |
P | ||
Practice Note | shall have the meaning ascribed to it in Rule 1.2.2. | |
Proceedings | shall have the meaning ascribed to it in Rule 14.1.3 | |
R | ||
Record Date | means the date fixed by the Issuer for the purposes of determining entitlements to dividends or other distributions to or rights of holders of its securities. | |
S | ||
securities | has the meaning ascribed to it in section 81SF of the Securities and Futures Act but shall in any event include any product that is a "security" as defined in the CDP Clearing Rules, regardless of whether that product is classified as a "security" under the Act. | |
Securities Account | means the securities account maintained by a Depositor with the Depository (but does not include Sub-Accounts) and shall include the deemed securities account maintained by a Depository Agent with the Depository (as referred to in Rule 4.7). | |
Securities and Futures Act/Act | means the Securities and Futures Act 2001 or any statutory amendment, modification, or re-enactment thereof for the time being in force, or any statute that may replace it, and where the context permits, includes any subsidiary legislation or regulations made pursuant thereto. | |
SGX RegCo | means Singapore Exchange Regulation Pte. Ltd. | |
SGX RegCo Board | means the board of directors for the time being of SGX RegCo or such number of them as have authority to act for the SGX RegCo Board. | |
SGX-ST | means Singapore Exchange Securities Trading Limited. | |
SGX-ST Rules | means the SGX-ST Rules as the same may be varied, amended or supplemented from time to time. | |
Sub-Account Holder | shall have the meaning ascribed to it in the Act. | |
Sub-Accounts | means the securities sub-accounts maintained by each Depository Agent for its own account and for the account of its clients. | |
T | ||
Terms and Conditions | means the terms and conditions governing Securities Accounts, as the same may be varied, amended or supplemented from time to time. | |
Trading Member | means a person who is not a Clearing Member and whose Exchange Trades have been qualified by a Clearing Member in accordance with the CDP Clearing Rules. |
Amended on 15 September 201715 September 2017, 8 October 20188 October 2018, 3 June 20193 June 2019 and 18 January 2022.
17.2 General Principles of Interpretation
17.2.1 Any words importing the singular number only shall, where the context permits, include the plural number and vice versa.
17.2.2 Any words importing the masculine gender shall include the feminine gender and shall, where the context permits or requires, include a partnership or an incorporated company.
17.2.3 Any reference to a particular rule in these CDP Rules shall include the sub-sections of that rule.
17.2.4 References in these CDP Rules to statutory provisions shall be construed as references to those provisions as modified or re-enacted from time to time and to any subordinate legislation made under such provisions and shall include references to any repealed statutory provisions which have been so re-enacted (whether with or without modification).
17.2.5 The headings in these CDP Rules are for convenience only and do not affect the construction of these CDP Rules.