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Part 4A U.K.Regulation of loans and related transactions

71VX1Register of recordable transactionsU.K.

(1)The Commission must maintain a register of all transactions (and all changes) reported to them under this Part.

(2)The register must be maintained by the Commission in such form as they may determine and must contain the following details in the case of each such transaction—

(a)the value of the transaction;

(b)(subject to subsection (3)) such other details as have been given in relation to the transaction in pursuance of any of paragraphs 2 to 7 of Schedule 6A;

(c)the relevant date for the transaction within the meaning of paragraph 8 of that Schedule.

(3)The details required by virtue of subsection (2) do not include, in the case of any transaction entered into by an authorised participant who is an individual, the individual's address.

(4)Where—

(a)any transaction or transactions is or are reported to the Commission under this Part, or

(b)any change or changes is or are so reported to them,

they must cause the details mentioned in subsection (2) to be entered or, as the case may be, changed in the register in respect of the transaction or transactions as soon as is reasonably practicable.

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.