Paragraph 16 I1
United Kingdom
For the purposes of paragraph 15(a)(ii), once authority is granted pursuant to a system charge (within the meaning of regulation 3 of the Financial Markets and Insolvency Regulations 1996f1) a limit of such authority shall not be imposed or changed without the consent of the donee of that authority.
Annotations
Commencement
- I1
Sch. 1 para. 16 in force at 26.11.2001, see reg. 1
Footnotes
- f1
-
S.I. 1996/1469.
Notes on Schedule 1
Textual amendments
- F1
Sch. 1 heading substituted (27.3.2019) by The Uncertificated Securities (Amendment and EU Exit) Regulations 2019 (S.I. 2019/679), regs. 1(2), 4(9)(a) (with regs. 10-12)