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Chapter:

571I PDFTitle:SECURITIES AND FUTURES (CLIENT MONEY) RULESGazette Number:L.N. 202 of 2002; L.N. 12 of 2003
Section:9Heading:Receipt of cheques for client moneyVersion Date:01/04/2003


For the purposes of section 4(3)(a) and (4), a licensed corporation or an associated entity of a licensed corporation that receives a cheque for an amount of client money is regarded as having received such amount only upon receipt by it of the proceeds of that cheque.