C1C2Part 21Certification and transfer of securities

Annotations:
Modifications etc. (not altering text)
C1

Pt. 21 applied (with modifications) (8.00 a.m. on 29.9.2008) by The Bradford & Bingley plc Transfer of Securities and Property etc. Order 2008 (S.I. 2008/2546), art. 4(7)

Chapter 2Evidencing and transfer of title to securities without written instrument

Powers exercisable

I1787Provision enabling or requiring arrangements to be adopted: order-making powers

1

The authority having power to make regulations under this Chapter may by order—

a

designate classes of companies for the purposes of section 786 (provision enabling or requiring arrangements to be adopted);

b

provide that, in relation to securities of a specified description—

i

in a designated class of companies, or

ii

in a specified company or class of companies,

specified provisions of regulations made under this Chapter by virtue of that section either do not apply or apply subject to specified modifications.

2

In subsection (1) “specified” means specified in the order.

3

An order under this section is subject to negative resolution procedure.