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Regulation 86 General call for instructions and issue of certificates

Original text. Later amendments are not shown.

(1)

The company shall issue a general call for instructions, with the register to be updated by reference to the date specified in the resolution or such later date as the company may select, not being more than 5 working days after the date specified.

(2)

The company. shall update the appropriate register from the proper instructions to register received and from standing instructions extant, in accordance with the pro-visions of these Regulations.

(3)

This updated register shall form the opening appropriate register for the security in certificated form.

(4)

It is the duty of the company to issue, within two months of the date of conversion, certificates to the persons registered on the opening appropriate register in accordance with the provisions of any enactment applicable to certificated securities of the type of security in question or (to the extent there is no enactment so applicable) in accordance with the terms of issue of the security in question.