17. In the Companies (Registers and other Records) Regulations 1985(1)—
(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.”; and
(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.”.
S.I. 1985/724.