Participating securities issued in uncertificated formU.K.
45. Nothing in these Regulations shall require—
(a)a participating issuer or its officers to maintain a register which records how many units of a wholly dematerialised security are held in certificated form; or
(b)an Operator or participating issuer, or their officers, to take any action to change a unit of a wholly dematerialised security from uncertificated form to certificated form or vice versa.
Commencement Information
I1Reg. 45 in force at 26.11.2001, see reg. 1