Valid from 11/09/2006
71KX1Transfer to unauthorised participant invalidU.K.
This section has no associated Explanatory Notes
If an authorised participant purports to transfer his interest in a regulated transaction to a person who is not an authorised participant the purported transfer is of no effect.
Editorial Information
X1The insertion of the new heading "Chapter 1" in Pt. 4A on 1.7.2008 gives rise to a change in the structure of this legislation on SLD which breaks the continuity of historical versions of the existing provisions which are now brought under that new heading.