Notice On Deadlines In Order To Make The Right To Automatic Mortgage Payment And Subject To Applicable, Etc.

Original Language Title: Bekendtgørelse om tidsfrister for at gøre retten til automatisk pant og betalingsforbehold gældende m.v.

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.

Publication of time limits in order to make the right to automatic pant and payment reservations applicable, etc.

In accordance with section 55 (5), 8, and Section 72 (3). 1, in the Act on securities trading, etc., cf. Law Order no. 219 of 20. February 2013 :

§ 1. A panel shall be requested in accordance with the section 55 (5) of the securities trading slots. 6, or 7, cf. paragraph 1-5, in stock assets registered in a securities centre, the panel must be made available by the pawn before noon. 4:45 on the day of the settlement.

§ 2. The advent of a Fund asset may be in accordance with the section 72 (5) of the Securities Tradechal. 1, by the seller, when this is an account institution, shall be made subject to the payment of the purchaser. The payment reserve must be applied before noon. 17.30 on the day after the day of the deflexation.

§ 3. Access to the pawn, cf. § 1, or payment proviso, cf. Section 2, applicable, shall automatically lapse at the deadline of the deadline without a change of notification to the pawn.

§ 4. The announcement shall enter into force on the 24th. June 2013.

Paragraph 2. Publication no. 1032 of 5. In December 1996, in order to make the right to automatic pant and payment reservations applicable, etc. are hereby repealed.

Financial supervision, 10. June 2013

Ulrik Nutgaard

-Hanne Yell Larsen