Transfer of gilts from the Irish gilts register to the English gilts register

4.—(1) All entries in the Irish gilts register are transferred at the beginning of the appointed day to the English gilts register.

(2) The Chief Registrar of the Bank of England shall amend the English gilts register pursuant to the transfer effected by paragraph (1) above.

(3) Where, before the appointed day, any entries should have been made but were not made in the Irish gilts register, those entries shall be deemed to have been made in the English gilts register on the appointed day and the Chief Registrar of the Bank of England shall rectify the English gilts register accordingly as soon as reasonably practicable.