OpenLegislation

Paragraph 14

Original text. Later amendments are not shown.

A relevant system must ensure that the Operator-system is able to generate Operator-instructions—

(a)

requiring participating issuers to amend the appropriate issuer registers of securities kept by them;

(b)

informing participating issuers in a way which enables them to amend the appropriate records of securities kept by them; and

(c)

informing settlement banks of their payment obligations.