There are currently no known outstanding effects for the The Uncertificated Securities Regulations 2001, Section 14.
14. Where—
(a)an Operator permits title to shares of a class in relation to which regulation 15 applies, or in relation to which a directors' resolution passed in accordance with regulation 16 is effective, to be transferred by means of a relevant system; and
(b)the company in question permits the holding of shares of that class in uncertificated form and the transfer of title to any such shares by means of a relevant system,
title to shares of that class which are recorded on an Operator register of members may be transferred by means of that relevant system.
Commencement Information
I1Reg. 14 in force at 26.11.2001, see reg. 1
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