# The Uncertificated Securities (Amendment) (Eligible Debt Securities) Regulations 2003, Paragraph 27


In regulation 5–
(a) in paragraph (1), for “The”, substitute “Subject to paragraph (3), the”;
(b) after paragraph (2), add–
“(3) Uncertificated units of a loan instrument shall only be transferable by means of a relevant system in accordance with the 2001 Regulations.”.

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Source: https://www.legislation.gov.uk/ukdsi/2003/0110464095/schedule/1/paragraph/27 (the official version)
Page: https://openlegislation.uk/draft-uncertificated-securities-amendment-eligible-debt-securities-regulations-2003/schedule-1/paragraph-27
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.