# The Local Authority (Stocks and Bonds) Regulations 1974, Regulation 12


Where a person executes an instrument relating to stock or bonds otherwise than by signature, the registrar may decline to recognise that instrument unless there is furnished to him such evidence as he may require that the effect of the instrument was understood by that person.

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Source: https://www.legislation.gov.uk/uksi/1974/519/regulation/12 (the official version)
Page: https://openlegislation.uk/local-authority-stocks-and-bonds-regulations-1974/regulation-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.