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The Uncertificated Securities Regulations 1992
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Entitlement as an interest in a share
1. For the purposes of the following provisions of the 1985 Act, the interest an account holder has in an entitlement to a share (that is to say the right, under these Regulations, to enforce the performance of the controller’s duties in connection with the entitlement) shall be treated as an interest in the share itself:
(a)Part VI; and
(b)sections 324 to 326, 328 and 346, together with Schedule 13.
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