Regulation 3 Appointment of registrarI1

The Treasury may from time to time appoint a person for the purposes of the administration of stock (including the registration of holders).

A person so appointed shall be known, from the date on which the appointment takes effect, as “the Registrar of Government Stock”.

An appointment made under paragraph (1) above shall take effect from the date specified by the Treasury in, or for the purpose of, that appointment.

The Bank of England is deemed to be appointed by the Treasury under paragraph (1) above as the first Registrar with effect from the coming into force of these Regulations.