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The Stock Transfer (Specified Securities) Order 1988

S.I. 1988/231 · Made 11 February 1988

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

SECURITIES

Made 11th February 1988

Laid before Parliament 25th February 1988

Coming in force 17th March 1988

The Treasury, in exercise of the powers conferred on them by Section 2(3) of the Stock Transfer Act 1982f1, and of all other powers enabling them in that behalf, after consultation with the Bank of England, hereby make the following Order:—

Annotations to the whole text

Footnotes

f1

1982 c. 41. 45p net lSBN 0 Il 086231 7

Contents

  1. 1Article 1
  2. 2Article 2
  3. Signature
  4. Schedule SPECIFIED SECURITIES
  5. Explanatory note

1

This Order may be cited as the Stock Transfer (Specified Securities) Order 1988 and shall come into force on l7th March 1988.

2

The securities specified in the Schedule hereto shall be added to the list in Schedule to the Stock Transfer Act 1982.

Signature

Mark Lennox-Boyd

Tony Durant

Two of the Lords Commissioners of Her Majesty’s Treasury

11th February l988

SPECIFIED SECURITIES

Securities issued in the United Kingdom by the African Development Bank, the Asian Development Bank, Caisse Centrale de Cooperation Economique, Credit Foncier de France. Electricite de France (E.D.F.), Service National or Hydro-Quebec, being, in each case, securities registered in the United Kingdom.

Explanatory note

(This note is not part of the Order)

Provision is made in the Stock Transfer Act 1982 for permitting the transfer in certain cases of specified securities through the medium of a computer-based system established by the Bank of England and The Stock Exchange. Such a system. known as the CGO service, has been established. This Order specifies further securities, in addition to those listed in Schedule 1 to the Stock Transfer Act, to which the provision of the Act may apply.