(1) Where an issuer, in relation to book-entry securities (a) makes a bonus issue of shares by way of an increase in its total issued capital, or issue securities because of a rights issue or the conversion of debt securities, or (i) a confirmed list of the names of the allottees for the purposes of amendment of the securities accounts held by the allottee, and |
(2) A prospective allottee shall, open a securities account with the central securities depository before acquiring any security