The Uncertificated Securities Regulations 2001 No. 3755

SCHEDULE 7 U.K. MINOR AND CONSEQUENTIAL AMENDMENTS

Part 1 U.K. Primary Legislation

The National Debt Act 1870 U.K.

1.  In section 3 of the National Debt Act 1870(1), for the definition of “Stockholder” there shall be substituted— U.K.

““Stockholder” means a person holding stock, being entered as such in—

(a)

a register kept by the Bank of England or the Bank of Ireland under regulation 1 of the Government Stock Regulations 1965; or

(b)

a register kept by the Operator of a relevant system under the Uncertificated Securities Regulations 2001 (and “Operator” and “relevant system” shall have the same meanings as they have in those Regulations):”.

Commencement Information

I1 Sch. 7 para. 1 in force at 26.11.2001, see reg. 1

(1)

1870 c. 71.