The Government Stock Regulations 2004

The previous registrar to provide relevant records to the new registrar

6.—(1) This regulation applies where the previous registrar has not been appointed as the new registrar.

(2) The previous registrar shall, as soon as is reasonably practicable on or following the transfer day, provide to the new registrar all relevant records which—

(a) are in the possession of the previous registrar immediately before the transfer day; and

(b) are reasonably required by the new registrar for the purposes of the administration of stock (including the registration of holders).

(3) Any relevant records which are received by the previous registrar on or after the transfer day shall, as soon as is reasonably practicable, be forwarded to the new registrar.

(4) The previous registrar shall provide to the person appointed to become the new registrar such relevant records at such time or times before the transfer day as that person may reasonably require, in order to ensure that he can properly commence the administration of stock (including the registration of holders) on the transfer day.

(5) In this regulation, “relevant records” includes any records, data, documents, information or communications (including any electronic communication) or copies of the same in the possession of the previous registrar, which relate to the transfer or registration of stock or to any transaction associated therewith or to the record of uncertificated public sector securities referred to in regulation 4(2)(b) above.