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Art. 25c

951.131NBOFederal Office OrdinanceMay 1, 2004Original source
  1. A central securities depository shall have appropriate rules, procedures and controls for minimising the risks associated with the safekeeping and transfer of securities.
  2. A central securities depository shall enable its participants to hold the securities in an immobilised or dematerialised form by recording them in a securities account.

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