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The Uncertificated Securities Regulations 2001

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Status:

Point in time view as at 24/06/2003.

Changes to legislation:

There are currently no known outstanding effects for the The Uncertificated Securities Regulations 2001, Paragraph 13. Help about Changes to Legislation

13.  A relevant system must be able to establish, where there is a transfer of uncertificated units of a security to a system-member for value, that a settlement bank has agreed to make payment in respect of the transfer, whether alone or taken together with another transfer for value.U.K.

Commencement Information

I1Sch. 1 para. 13 in force at 26.11.2001, see reg. 1

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