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Article 30-6
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While filing for trust registration of securities in centralized custody, a customer shall present the passbook, relevant certifications issued by tax authorities, and trust agreement, will, or relevant documents corroborating the existence of the trust relation. The relevant participant shall, upon confirmation of such documents, then make necessary records on its passbook and on the customer's account book and issue a notification to the CSDE.
The CSDE shall, upon receiving the notification from the participant, transfer the securities from the "sub-account of the customer" on the settlor's participant account book to the "participant's self-owned securities sub-account" or "sub-account of the customer" on the trustee's participant account book, and make records of the trust subject matter accordingly.
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