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SCHEDULE 2APPLICATION AND MODIFICATION OF CERTAIN ENACTMENTS

Application and modification of other enactments

16.  Section 7(1) of the Trustee (Northern Ireland) Act 1958 applies in relation to uncertificated units of eligible debt securities with the omission of the words after “bank”.

17.  The reference in paragraph 6 of Schedule 1 to the Local Government Act 1972(1) to “other securities so transferable” includes a reference to uncertificated units of eligible debt securities.

18.  In any enactment, a reference to an enactment modified by these Regulations or the principal regulations includes a reference to that enactment as so modified.