# The Uncertificated Securities Regulations 2001, Regulation 45: Participating securities issued in uncertificated form


Nothing in these Regulations shall require—
(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
(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.

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Source: https://www.legislation.gov.uk/ukdsi/2001/0110387449/regulation/45 (the official version)
Page: https://openlegislation.uk/draft-uncertificated-securities-regulations-2001/regulation-45
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.