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The Uncertificated Securities Regulations 1992

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Register of members

1.—(1) Section 352 of the 1985 Act shall apply with respect to such part of a company’s register of members as concerns uncertificated shares, save that:

(a)subsection (2)(b) shall only apply where a person is registered other than at a periodic update of the register;

(b)subsection (2)(c) shall not apply; and

(c)the following sub-paragraph shall have effect in place of section 352(6).

(2) A company shall keep for a period of 20 years a copy of each periodic revision hereunder of its register of members.

(3) Section 358 of the 1985 Act shall not apply with respect to such part of a company’s register of members as concerns uncertificated shares.

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