# The Uncertificated Securities Regulations 1992, Regulation 118: Breach of duty not to avoid transactions


The breach of any duty imposed on any person by these Regulations does not, unless otherwise provided, of itself invalidate any transfer of a unit of a security (or the entitlement to it) effected or other act done in contravention of, or as a consequence of the contravention .of, that duty.

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Source: https://www.legislation.gov.uk/uksi/1992/225/regulation/118 (the official version)
Page: https://openlegislation.uk/uncertificated-securities-regulations-1992/regulation-118
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.