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The Uncertificated Securities Regulations 2001

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Changes over time for: Paragraph 14

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There are currently no known outstanding effects for the The Uncertificated Securities Regulations 2001, Paragraph 14. Help about Changes to Legislation

14.  A relevant system must ensure that the Operator-system is able to generate Operator-instructions—U.K.

(a)requiring participating issuers to amend the appropriate issuer registers of securities kept by them;

(b)informing participating issuers in a way which enables them to amend the appropriate records of securities kept by them; and

(c)informing settlement banks of their payment obligations.

Commencement Information

I1Sch. 1 para. 14 in force at 26.11.2001, see reg. 1

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