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The Uncertificated Securities Regulations 1992
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- UK Statutory Instruments
- 1992 No. 225
- PART XI
- CHAPTER I
- Regulation 91
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Disapplication of requirement to attach certificate
91.—(1) Section 402 of the 1985 Act shall not apply with respect to a unit of an uncertificated debenture; however a company shall supply to any debenture holder, without charge, a copy of a certificate of registration to which that section refers upon application being made to it.
(2) Section 191(4) of the 1985 Act applies with respect to a failure to supply a copy of a certificate of registration under this regulation as it applies to a refusal to provide a copy of trust deed for securing an issue of debentures under section 191(3).
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