# The Uncertificated Securities Regulations 1995, Regulation 15: Participation in respect of shares


(1) This regulation applies to a class of shares if a company’s articles of association in all respects are consistent with—
(a) the holding of shares in that class in uncertificated form;
(b) the transfer of title to shares in that class by means of a relevant system; and
(c) these Regulations.
(2) A company may permit the holding of shares in a class to which this regulation applies in uncertificated form, and the transfer of title to any such shares by means of a relevant system.

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Source: https://www.legislation.gov.uk/uksi/1995/3272/regulation/15 (the official version)
Page: https://openlegislation.uk/uncertificated-securities-regulations-1995/regulation-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.