Financial Markets Control Act, 1989 (Act No. 55 of 1989)

17A. Status of Assets Given To or Received By Clearing House in Trust
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For the purposes of a claim against a clearing house with regard to dealings in financial instruments there shall be excluded from the assets of the clearing house concerned —

(a)money;
(b)financial instruments; and
(c)other corporeal or incorporeal things distinguishable from the assets of that clearing house,

given by any person in trust to that clearing house, or received by that clearing house in trust.

 

[Section 17A substituted by section 13 of Act 55 of 1995]