Federal Intermediated Securities Act (FISA)
English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.
Art. 34 Amendments to existing law
Amendments to existing law are contained in the Annex hereto.
Art. 35 Transitional provisions
1 Issuers of uncertificated securities credited to securities accounts maintained by a custodian shall have the main registry set up by a custodian within six months from the effective date of this Act and have the uncertificated securities registered therein. 2 If, before this Act comes into force, certificated securities in collective deposit, global certificates, or uncertificated securities held by a custodian are disposed of in a manner that fails to comply with the requirements of this Act, the right thus created shall prevail over any right created after the commencement date of the Act provided that the beneficiary effects the book entries required by the Act or causes them to be effected within 12 months after the commencement date hereof.
Art. 36 Referendum and commencement
1 This Act is subject to an optional referendum. 2 The Federal Council shall set the commencement date. Commencement date: 1 January 2010 Art. 470 para. 2bis of the Code of Obligations (No 3 of Annex): 1 October 2009
Para. 2 — FCD of 6 May 2009.