Central Depositories Act
20. Deeming provisions
20. Deeming provisions
A central depository or its nominee company shall—(a)for the purposes of section 4 of the Capital Markets Authority Act (Cap. 485A), not be deemed to have an interest in relation to the book-entry securities which are registered in its name; and(b)be deemed to be a bare trustee.(B) – Withdrawal of Immobilised Securities
Source: Kenya Law