OpenLegislation

Paragraph 9

Original text. Later amendments are not shown.

Where—

(a)

a NIROC is issued under this Order, or

(b)

a substitute is recorded as the registered holder of a NIROC pursuant to paragraph 7,

the Authority must notify the registered holder, or as the case may be, the former and new registered holder of that fact in writing within 5 banking days of the issue or substitution having taken place.