# The Uncertificated Securities Regulations 1992, Paragraph 4: Existing certificates


Notwithstanding regulation 48(2), any certificate properly extant at the moment of conversion shall remain (if it otherwise would be) prima facie evidence, and in Scotland sufficient evidence unless the contrary is shown, of the title to the unit immediately prior to its conversion.

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Source: https://www.legislation.gov.uk/uksi/1992/225/schedule/5/paragraph/4 (the official version)
Page: https://openlegislation.uk/uncertificated-securities-regulations-1992/schedule-5/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.