# The Uncertificated Securities Regulations 2001, Paragraph 10


In subsection (4) of section 380 of the 1985 Act, after paragraph (k) the following paragraphs shall be added—
“(l) a resolution of the directors passed by virtue of regulation 16(2) of the Uncertificated Securities Regulations 2001 (which allows title to a company’s shares to be evidenced and transferred without written instrument); and
(m) a resolution of a company passed by virtue of regulation 16(6) of the Uncertificated Securities Regulations 2001 (which prevents or reverses a resolution of the directors under regulation 16(2) of those Regulations).”.

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Source: https://www.legislation.gov.uk/ukdsi/2001/0110387449/schedule/7/paragraph/10 (the official version)
Page: https://openlegislation.uk/draft-uncertificated-securities-regulations-2001/schedule-7/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.