# The Uncertificated Securities Regulations 1992, Paragraph 5: Existing agreements for transfer


Where at the date of conversion there is a contract for the transfer of a unit of the security which has, by that date, not been completed by the registration of the transferee as the holder of the unit in question, regulations 48(3) and 49 shall have effect with respect to that contract unless paragraph 1 of this Schedule applies.

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