Paragraph 20 I1
United Kingdom
A relevant system must comprise procedures which provide that it responds only to properly authenticated dematerialised instructions which are attributable to a system-user or an Operator.
Annotations
Commencement
- I1
Sch. 1 para. 20 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)