{
  "url": "https://openlegislation.uk/draft-uncertificated-securities-regulations-2001/regulation-45",
  "json_url": "https://openlegislation.uk/draft-uncertificated-securities-regulations-2001/regulation-45.json",
  "legislation": "ukdsi/2001/0110387449",
  "legislation_title": "The Uncertificated Securities Regulations 2001",
  "legislation_url": "https://openlegislation.uk/draft-uncertificated-securities-regulations-2001",
  "path": "regulation/45",
  "kind": "regulation",
  "number": "45",
  "heading": "Participating securities issued in uncertificated form",
  "text": "Nothing in these Regulations shall require—\n(a) a participating issuer or its officers to maintain a register which records how many units of a wholly dematerialised security are held in certificated form; or\n(b) an Operator or participating issuer, or their officers, to take any action to change a unit of a wholly dematerialised security from uncertificated form to certificated form or vice versa.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2001/0110387449/regulation/45",
    "retrieved_at": "2026-10-30T15:26:35.791495+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}