{
  "url": "https://openlegislation.uk/uncertificated-securities-regulations-1992/regulation-35",
  "json_url": "https://openlegislation.uk/uncertificated-securities-regulations-1992/regulation-35.json",
  "legislation": "uksi/1992/225",
  "legislation_title": "The Uncertificated Securities Regulations 1992",
  "legislation_url": "https://openlegislation.uk/uncertificated-securities-regulations-1992",
  "path": "regulation/35",
  "kind": "regulation",
  "number": "35",
  "heading": "Controller’s duty to issue proper instructions",
  "text": "(1) If a controller held, or holds, an entitlement to a unit of a security at a date:\n(a) being a fixed register date of the company concerned; or\n(b) specified in a general call for instructions,\nit 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).\n(2) 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.\nHaving registered a default nominee under this paragraph, the company shall notify the controller concerned of the registration as soon as reasonably practicable.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1992/225/regulation/35",
    "retrieved_at": "2026-10-29T14:29:49.332796+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}