# The Uncertificated Securities Regulations 1992, Regulation 20: Definition of a proper instruction to register


(1) For the purposes of these Regulations a proper instruction to register is an instruction issued by a controller holding, at the appropriate date, the entitlement to a unit of a security to register a specified person as the holder of that unit which conveys, either itself or when read with any associated information held by the company, the relevant particulars of that person.
(2) A proper instruction to register may either be:
(a) standing, that is to say the person specified in it is to be registered at each periodic update of the appropriate register as the holder of the units specified in the instruction; or
(b) limited, that is to say the person specified in it is to be registered in the appropriate register as the holder of the units specified in the instruction until the next periodic update of the appropriate register.
(3) For the purpose of paragraph (I), the relevant particulars are:
(a) the name and address of the person to be registered as holder or, in the case of joint holders, the name and address of the person to be registered as the first holder together with the names of the other persons to be registered as holders;
(b) the security and the number of units in,respect of which registration is to be effected;
(c) any other particulars required (in the case of shares) by the memorandum and articles of the company concerned or (in the case of any security) by the terms of issue of the security governing the registration of holders of units of the security; and
(d) the identity of the issuing controller.
(4) For the purposes of this regulation, the “appropriate date” is:
(a) in the case of a periodic update of the appropriate register, the date by reference to which the register is to be updated;
(b) in the case of a proper instruction to register referred to in regulation 42 (Transfers where transferor identified):
(i) where the instruction is in respect of a controller’s default nominee registered in that capacity, the date by reference to which the default nominee was registered; and
(ii) in any other case, the date by reference to which the proper instruction was issued.

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Source: https://www.legislation.gov.uk/uksi/1992/225/regulation/20 (the official version)
Page: https://openlegislation.uk/uncertificated-securities-regulations-1992/regulation-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.