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The Uncertificated Securities Regulations 2001

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Changes over time for: Section 46

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Point in time view as at 29/12/2003.

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There are currently no known outstanding effects for the The Uncertificated Securities Regulations 2001, Section 46. Help about Changes to Legislation

Breaches of statutory dutyU.K.

46.—(1) A default in complying with, or a contravention of, regulation 16(8), 19(2), 25(1), 26, 28(5) or (6), 32(5), 33(5), or 42(2) or (8) shall be actionable at the suit of a person who suffers loss as a result of the default or contravention, or who is otherwise adversely affected by it, subject to the defences and other incidents applying to actions for breach of statutory duty.

(2) Paragraph (1) shall not affect the liability which any person may incur, nor affect any right which any person may have, apart from paragraph (1).

Commencement Information

I1Reg. 46 in force at 26.11.2001, see reg. 1

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