Regulation 25 Company’s record of entitlements
(1)
It is the duty of every company having in issue an uncertificated security to establish and maintain a record of holders of entitlements to units of the security concerned.
(2)
The company shall enter into the company’s record of etitlements for a particular security the name of each primary company controller holding an entitlement to a unit of the security concerned, together with the number of entitlements held by that controller.