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(1) An issuer of a book-entry security may by written notice require a depository to furnish it with a record of the depositors in whose securities accounts, securities are credited as at the date of the notice

(2) A record of depositors

(a) required by an issuer shall be issued by the depository within the period specified in the notice and in any case before the expiry of a period specified under the central securities depository rules;

(b) issued in response to a request made by an issuer shall contain the name, identity card, passport number or company number and statement or the number of book entry securities held in favour of each depositor;

(c) obtained by an issuer shall be available for inspection by a member of an issuer without the payment of a fee but may be inspected by any other person on payment of a fee to the depository, in respect of each inspection

(3) A member of an issuer or any other person may require the issuer to furnish him with a copy of the record of depositors or a part of it on the payment of a fee, commensurate to the quantum of information requested.

  (4) The copy of the record of depositors, or a part of it shall be supplied to the person who required the copy within a period of twenty-        one  days or within a longer period that the Commission considers reasonable after the date of receipt of the request by the issuer.