Regulation 43 Register events
(1)
Where:
(a)
the appropriate register for an uncertificated security is to be utilised to determine a matter listed in Schedule 3 to these Regulations against a security of the kind in qustion; and
(b)
that matter is to be determined by reference to the appropriate register as it stands on a specified date,
it is the duty of the company (or, as the case may be, the directors of the company), if practicable, to use for the purpose a version of the appropriate register that has been updated by reference to a date not more than 5 days prior to the specified date.
(2)
The use of the appropriate register to determine a matter listed in Schedule 3 in circumstances where paragraph (1) applies is known in these regulations as“a register event”.