OpenLegislation

Article 2 Amendment of Rule 3

Original text. Later amendments are not shown.

The Exchange of Securities (General) Rules 1979 shall be amended in Rule 3—

(a)

by inserting after the definition of “curator” the definitions—

  • ““the CGO Service” means the computer-based system established by the Bank of England and the Stock Exchange to facilitate the transfer of gilt-edged securities; and “CGO Service member” means a person who is entitled under a contract with the Bank to use the CGO Service; ”;

and

(b)

by inserting after the definition of “exchange” the definition—

  • ““an exempt transfer” means a transfer of gilt-edged securities from a CGO Service member through the medium of the CGO Service; ”.