Paragraph 80 Write-down instruments: supplementaryI1 I2

United Kingdom

(1)

A write-down instrument may permit or require the execution, issue or delivery of an instrument.

(2)

A write-down instrument may provide for any provision in the instrument to have effect irrespective of—

(a)

whether an instrument has been produced, delivered, transferred or otherwise dealt with;

(b)

registration.

(3)

A write-down instrument may provide for the effect of an instrument executed, issued or delivered in accordance with the instrument.

(4)

A write-down instrument may—

(a)

entitle a person to be registered in respect of a security;

(b)

require a person to effect registration.

Annotations