# Referendums (Scotland) Act 2020, Paragraph 52


If an authorised participant purports to transfer the participant's interest in a regulated transaction to a person who is not an authorised participant the purported transfer is of no effect.

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Source: https://www.legislation.gov.uk/asp/2020/2/schedule/3/paragraph/52 (the official version)
Page: https://openlegislation.uk/referendums-scotland-act-2020/schedule-3/paragraph-52
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.