The Uncertificated Securities Regulations 2001

11.  Where, under [F1section 125 of the 2006 Act], the court orders rectification of the register of members of a company which is a participating issuer, it shall not order the payment of any damages under subsection (2) of that section to the extent that such rectification relates to the company’s Operator register of members and does not arise from an act or omission of the Operator on the instructions of that company or from fraud or other wilful default, or negligence, on the part of that company.U.K.

Textual Amendments

Commencement Information

I1Sch. 4 para. 11 in force at 26.11.2001, see reg. 1