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45.—(1) A company may issue at any time a general call for instructions specifying a date by reference to which it proposes to update the appropriate register for a security.
A date specified in a general call shall be a date prior to the date on which the general call is issued, but may not be a date prior to the last date by reference to which the appropriate register was updated.
(2) The general call shall be issued:
(a)to each commercial and alternative company controller which held entitlements on the date specified (other than a controller which issues only standing instructions to register), by means of the Operator’s part of the system; and
(b)to each primary company controller, in such form as may be agreed between the company and the controller or, failing such agreement, in writing.
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