# The Uncertificated Securities (Amendment and EU Exit) Regulations 2019, Regulation 10: Transitional provisions: interpretation


In this regulation and in regulations 11 and 12—
“the Act” means the Financial Services and Markets Act 2000;
“CSD Operator” means a person established in the United Kingdom who immediately before 30th March 2017—
(a) was an Operator approved under the Uncertificated Securities Regulations 2001,
(b) operated a securities settlement system referred to in point (3) of Section A of the Annex to the CSD regulation in the United Kingdom, and
(c) provided at least one other core service listed in Section A of that Annex in the United Kingdom;
“commencement” means the coming into force of this Part of these Regulations;
“CSD regulation” means Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23rd July 2014 on improving securities settlement in the European Union and on central securities depositories;
“Operator register of securities” has the meaning given in regulation 3 of the Uncertificated Securities Regulations 2001;
“recognised CSD” has the meaning given in section 285 of the 2000 Act.

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Source: https://www.legislation.gov.uk/ukdsi/2019/9780111178706/regulation/10 (the official version)
Page: https://openlegislation.uk/draft-uncertificated-securities-amendment-and-eu-exit-regulations-2019/regulation-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.