Regulation 11 TrustsI1
United Kingdom
Nothing in regulations 7, 9 or 10 prevents a resale right from being—
(a)
held, and exercised in respect of a sale, by any person acting as trustee for the person who would otherwise be entitled to exercise the right (“the beneficiary”); or
(b)
transferred to such a trustee, or from the trustee to the beneficiary.
Annotations
Commencement
- I1
Reg. 11 in force at 14.2.2006 in accordance with reg. 1(1)