Amendment of the principal Regulations
This section has no associated Explanatory Memorandum
7.—(1) Regulation 5 (transfers of securities from Eurex Clearing AG – prescribed circumstances) is amended as follows.
(2) In paragraph (a), delete “or”.
(3) After paragraph (b), insert—
“(c)a non-clearing member, or
(d)a person whose business is or includes holding such equities as a nominee for a non-clearing member,”.
(4) In consequence of the amendments made by this regulation, in the heading of regulation 5 of the principal Regulations, after the words “Eurex Clearing AG”, insert “or a non-clearing member”.