{
  "url": "https://openlegislation.uk/stock-transfer-gilt-edged-securities-cgo-service-amendment-regulations-1997/regulation-3",
  "json_url": "https://openlegislation.uk/stock-transfer-gilt-edged-securities-cgo-service-amendment-regulations-1997/regulation-3.json",
  "legislation": "uksi/1997/1329",
  "legislation_title": "The Stock Transfer (Gilt-Edged Securities) (CGO Service) (Amendment) Regulations 1997",
  "legislation_url": "https://openlegislation.uk/stock-transfer-gilt-edged-securities-cgo-service-amendment-regulations-1997",
  "path": "regulation/3",
  "kind": "regulation",
  "number": "3",
  "heading": null,
  "text": "Regulation 2 shall be amended—\n(a) by inserting after the definition of “the CGO” the following—\n““the CGO Rules” means any rules or procedures relating to the operation of the CGO Service which may from time to time be established or amended by the Bank in accordance with the contracts under which persons are entitled to use the CGO Service;”;\n(b) by inserting after the words “the CGO Service” in the definition of “an exempt transfer” the words “, and includes a transfer effected in accordance with regulation 7 below”; and\n(c) by inserting after the definition of securities the following—\n““strip” means a security representing any amount, being one penny or any multiple thereof, payable under one or more strips, within the meaning of section 47 of the Finance Act 1942, of any stock or bond, regardless whether that amount corresponds to the total amount payable under any security issued for the purpose of effecting any particular exchange of any stock or bond for strips.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "1942 c. 21; the definition of “strip” in section 47(1B) and (1C) was inserted by the Finance Act 1996 (c. 8), section 202(2)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1997/1329/regulation/3",
    "retrieved_at": "2026-10-29T12:08:22.590097+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}