Paragraph 18 I1
United Kingdom
A relevant system must enable system-members—
(a)
to change the form in which they hold units of a participating security; and
(b)
where appropriate, to require participating issuers to issue certificates relating to units of a participating security held or to be held by them.
Annotations
Commencement
- I1
Sch. 1 para. 18 in force at 26.11.2001, see reg. 1
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)