# The Uncertificated Securities (Amendment) (Eligible Debt Securities) Regulations 2003, Paragraph 6


In section 9–
(a) in subsection (1), omit “mode of payment,”;
(b) omit subsections (2) and (4);
(c) in subsection (3), omit the words from “, by the use” to “otherwise,”;
(d) at the end, add–
“No regulation under this Act applies in relation to uncertificated units of a Treasury bill to the extent that it is inconsistent with–
(a) the holding of such units in uncertificated form;
(b) the transfer of title to such units by means of a relevant system; or
(c) the 2001 Regulations.”.

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Source: https://www.legislation.gov.uk/ukdsi/2003/0110464095/schedule/1/paragraph/6 (the official version)
Page: https://openlegislation.uk/draft-uncertificated-securities-amendment-eligible-debt-securities-regulations-2003/schedule-1/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.