48(1)Regulations may make provision about how securities are to be held and disposed of.E+W
(2)In this Schedule, references to disposal include, in relation to securities, realising the sums secured or made payable by them, suing for the recovery of those sums or assigning the right to sue for their recovery.
(3)Regulations may in particular make provision for purposes corresponding to those for which provision is made in this Schedule in relation to the disposal of other controlled goods.
(4)The power to make regulations under this paragraph is subject to paragraph 49.
Modifications etc. (not altering text)
C1Sch. 12 applied (6.4.2014) by Finance Act 2008 (c. 9), ss. 127(2), 129(4); S.I. 2014/906, arts. 2, 3
Commencement Information
I1Sch. 12 para. 48 in force at 15.7.2013 for specified purposes by S.I. 2013/1739, art. 3(g)(xxiv)
I2Sch. 12 para. 48 in force at 6.4.2014 in so far as not already in force by S.I. 2014/768, art. 2(1)(b)