SCHEDULE 7MINOR AND CONSEQUENTIAL AMENDMENTS

Part 2Subordinate Legislation

The Companies (Registers and other Records) Regulations 1985

17

In the Companies (Registers and other Records) Regulations 198537—

a

in regulation 1—

i

in paragraph (2), at the end of the definition of “register” there shall be inserted “or regulation 20 of the 2001 Regulations”; and

ii

at the end of paragraph (2) there shall be inserted—

  • “the 2001 Regulations” means the Uncertificated Securities Regulations 2001; and expressions defined in the 2001 Regulations shall have the same meaning in these Regulations.

b

at the end of regulation 2 there shall be inserted as new paragraphs—

5

This regulation applies with respect to an issuer of register members and a record of uncertificated shares which is kept by a company by recording the matters in question otherwise than in legible form—

a

as it applies to a register of members under the Act which is kept in like fashion; and

b

as if references to the Act were references to the 2001 Regulations.

6

This Regulation applies with respect to an index kept by virtue of paragraph 7 of Schedule 4 to the 2001 Regulations which is kept by a company by recording the matters in question otherwise than in legible form—

a

as it applies to an index of a register of members under the Act which is kept in like fashion; and

b

as if references to the Act were references to the 2001 Regulations.

c

at the end of regulation 3 there shall be inserted as a new paragraph—

6

In the case of a company which is a participating issuer, references in this regulation to the register of members shall be taken to be a reference to the company’s issuer register of members and record of uncertificated shares.

d

in regulation 6—

i

in paragraph (1), after “the Act” there shall be inserted “or the 2001 Regulations”; and

ii

after paragraph (2) there shall be inserted as a new paragraph—

2A

In the case of a company which is a participating issuer, paragraph (2) shall apply as if—

a

references to the register of members were references to the company’s issuer register of members and record of uncertificated shares; and

b

the reference to the index of the register of members were a reference to an index kept by virtue of paragraph 7 of Schedule 4 to the 2001 Regulations.