(1) A person shall not withdraw from a depository, security which is prescribed as a dematerialised security.

(2) A stock exchange may, with the prior approval of the Commission, restrict or prohibit the withdrawal of a security or class of securities which is listed or quoted by the stock exchange for a period and in a manner as it considers appropriate.

(3) Where a stock exchange restricts or prohibits the withdrawal of book-entry securities the stock exchange shall

(a) inform the depository of the decision, and

(b) give notice to the public of

(i) the book-entry securities restricted or prohibited from withdrawal, and