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Federal Act
on Private International Law
(PILA)

Art. 108a63

I. Defin­i­tion

 

In­ter­me­di­ated se­cur­it­ies are se­cur­it­ies held with an in­ter­me­di­ary as defined in the Hag­ue Con­ven­tion of 5 Ju­ly 200664 on the Law Ap­plic­able to Cer­tain Rights in Re­spect of Se­cur­it­ies held with an In­ter­me­di­ary.

63 Amended by No I 3 of the FA of 25 Sept. 2020 on the Ad­apt­a­tion of Fed­er­al Law to De­vel­op­ments in Dis­trib­uted Ledger Tech­no­logy, in force since 1 Feb. 2021 (AS 2021 33; BBl 2020233).

64 SR 0.221.556.1