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Changes over time for: Cross Heading: Records of uncertificated general public sector securities
Llinell Amser Newidiadau
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 01/10/2004.
Changes to legislation:
There are currently no known outstanding effects for the The Uncertificated Securities Regulations 2001, Cross Heading: Records of uncertificated general public sector securities.
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
Records of uncertificated [general] public sector securitiesU.K.
13.—(1) The participating issuer shall enter in a record of uncertificated [general] public sector securities the same particulars, so far as is practicable, as are required by paragraph 12(1) to be entered in the relevant Operator register of [general] public sector securities.U.K.
(2) In respect of every participating security which is a [general] UK Government security, the record of uncertificated [general] public sector securities shall be kept [by the Registrar of Government Stock].
(3) The participating issuer shall, unless it is impracticable to do so by virtue of circumstances beyond his control, ensure that the record of uncertificated [general] public sector securities is regularly reconciled with the Operator register of [general] public sector securities.
(4) Provided that he has complied with subparagraph (3), a participating issuer shall not be liable in respect of any act or thing done or omitted to be done by him or on his behalf in reliance upon the assumption that the particulars entered in any record of uncertificated [general] public sector securities which he is required to keep by these Regulations accord with the particulars entered in the Operator register of [general] public sector securities to which the record relates.
(5) The provisions of the Bankers' Books Evidence Act 1879() shall apply for the purpose of proving any entry in the record of uncertificated [general] public sector securities as if the participating issuer were a bank and a banker within the meaning of that Act, and as if such entry in the record, or, where the information recorded therein is not in readable form and is later transcribed into readable form, the transcribed version of such entry, were an entry in a banker’s book.
Textual Amendments
Commencement Information
Yn ôl i’r brig