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TRADEX SCHEME ACT 1999 - SECT 9
Secretary to ensure that Register is kept
- (1)
- The Secretary must cause a Register of Tradex Orders to be kept for the
purposes of this Act.
- (2)
- The Register is to contain such particulars, and to be kept in such form,
as the Secretary considers appropriate.
- (3)
- The Register may be kept in an electronic form.
- (4)
- If the Secretary finds out that any particulars entered in the Register
are incorrect, whether because a change has occurred in the matter to which
the particulars relate or for any other reason, the Secretary must, as soon as
practicable, cause the correct particulars to be entered in the Register.
- (5)
- The Secretary must cause the holder of a tradex order to be notified in
writing of the particulars entered in the Register in respect of the order.
- (6)
- If a change occurs in any of the particulars that:
- (a)
- are entered in the Register in respect of a tradex order; and
- (b)
- have been notified to the holder of the order under subsection (5);
the holder must, within 14 days after the change occurs, notify the Secretary
in writing of the details of the change.
- Note: The Secretary has power to extend a period referred to in subsection (6)
(see section 43).
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