Regulation 35 Controller’s duty to issue proper instructions
If a controller held, or holds, an entitlement to a unit of a security at a date:
being a fixed register date of the company concerned; or
specified in a general call for instructions,
it is his or its duty to issue a proper instruction to register with respect to the entitlement (unless there was, or (as the case may be) is, a standing instruction extant with respect to the entitlement to which regulation 36(1) does not apply).
Where a controller has failed to issue a proper instruction to register with respect to any entitlement for a periodic update of the appropriate register, the company shall register the controller’s default nominee as holder of the unit to which the entitlement relates.
Having registered a default nominee under this paragraph, the company shall notify the controller concerned of the registration as soon as reasonably practicable.