Civil Proceedings Regulation 2024
sec.12Securities acquired using money or securities in court
Start here
Get a plain-English read of sec.12
Turn the raw legal text into a practical explanation grounded in Civil Proceedings Regulation 2024.
sec.12 Securities acquired using money or securities in court
This section applies if securities are acquired using money in court or securities in court. Unless a court orders otherwise, the chief executive must credit the acquired securities to the same proceeding or account to which the money in court or securities in court are credited. (sec.12-ssec.1) This section applies if securities are acquired using money in court or securities in court. (sec.12-ssec.2) Unless a court orders otherwise, the chief executive must credit the acquired securities to the same proceeding or account to which the money in court or securities in court are credited.