# Scottish Independence Referendum Act 2013, Paragraph 51


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/2013/14/schedule/4/paragraph/51 (the official version)
Page: https://openlegislation.uk/scottish-independence-referendum-act-2013/schedule-4/paragraph-51
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.