1. These Regulations may be cited as the Stock Transfer (Gilt-edged Securities) (Exempt Transfer) Regulations 1988 and shall come into force on 18th March 1988.
2. In these Regulations:—
“the Bank” means the Bank of England;
“the CGO” means the Central Gilts Office of the Bank;
“the CGO Service” means the computer-based system established by the Bank and The Stock Exchange to facilitate the transfer of gilt-edged securities; and “CGO Service member” means a person who is entitled under a contract with the Bank to use the CGO Service.
3. The securities specified in the Schedule hereto may be transferred by a CGO Service member through the medium of the CGO Service.
Mark Lennox-Boyd
Tony Durant
Two of the Lords Commissioners of Her Majesty’s Treasury
12th February 1988