# The Uncertificated Securities (Amendment) (Eligible Debt Securities) Regulations 2003, Paragraph 21


After section 43(5), add–
“(5A) No regulation under subsection (5) applies in relation to uncertificated units of a loan instrument to the extent that it is inconsistent with–
(a) the holding of such units in uncertificated form;
(b) the transfer of title to such units by means of a relevant system; or
(c) the 2001 Regulations.”.

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Source: https://www.legislation.gov.uk/uksi/2003/1633/schedule/1/paragraph/21 (the official version)
Page: https://openlegislation.uk/uncertificated-securities-amendment-eligible-debt-securities-regulations-2003/schedule-1/paragraph-21
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.