Modifications etc. (not altering text)
C1By The Uncertificated Securities (Amendment) (Eligible Debt Securities) Regulations 2003 (S.I. 2003/1633), reg. 15, Sch. 2 para. 17 it is provided (24.6.2003) that the reference in Sch. 1 para. 6 to "other securities so transferable" shall include a reference to uncertificated units of eligible debt securities
1(1)The English Commission shall consult the councils of existing counties, boroughs and urban districts and the committees established under section 264(1)(b) above with a view to making proposals to the Secretary of State for the constitution of parishes each of which has a boundary coterminous with that of—E+W
(a)an existing urban district or borough, the area of which is not divided by or under section 1 above between two or more districts, or
(b)so much of an existing urban district or borough, the area of which is so divided, as is wholly comprised in a single district,
and for naming those parishes.
(2)The Secretary of State may give the Commission directions for their guidance in making any such proposals.
2(1)The Secretary of State shall by order give effect to any proposals under paragraph 1 above, either as made to him or with modifications, but except in so far as any such order specifies part of the boundary of a district as part of the boundary of a parish no such order may specify for a parish a boundary different from that of an existing urban district or borough.E+W
(2)A statutory instrument containing an order under this paragraph shall be subject to annulment in pursuance of a resolution of either House of Parliament.
3E+WThe constitution of an area as a parish under this Part of this Schedule shall not affect—
(a)the continued existence, subject to section 1(10) above, of the borough or urban district the area of which or of part of which is co-extensive with that of the parish, or
(b)the power to make changes in local government areas under Part IV above.
4E+WIn this Part of this Schedule “borough” does not include a London borough or a borough which becomes a parish by virtue of section 1(9) above.