Regulation 45 Participating securities issued in uncertificated formI1
United Kingdom
Nothing in these Regulations shall require—
(a)
a participating issuer or its officers to maintain a register which records how many units of a wholly dematerialised security are held in certificated form; or
(b)
an Operator or participating issuer, or their officers, to take any action to change a unit of a wholly dematerialised security from uncertificated form to certificated form or vice versa.
Annotations
Commencement
- I1
Reg. 45 in force at 26.11.2001, see reg. 1