Companies Act 2014
1087I. (1) In this Chapter –
"applicable securities" means transferable securities as defined in point (44) of Article 4(1) of Directive 2014/65/EU that –
(a) are issued by a relevant issuer,
(b) are admitted to trading or traded on a trading venue, and
(c) are not "relevant securities" within the meaning of Chapter 7A of Part 17;
"central securities depository" has the same meaning as it has in section 1087A;
"certificate" means any certificate, or other document of, or evidencing, title to applicable securities, other than any register of securities;
"CSD Regulation" has the same meaning as it has in section 1087A;
"nominee" means, in respect of a central securities depository, any body as may from time to time be nominated by or on behalf of that central securities depository to hold applicable securities represented in that central securities depository’s securities settlement system;
"relevant issuer" means a PLC that has issued securities that are applicable securities;
"securities settlement system" has the meaning given to it in section 1087A;
"trading venue" has the meaning given to it in Article 2 of the CSD Regulation.
(2) A word or expression that is used in this Chapter, Chapter 5A of Part 3 or Chapter 3A of Part 16 and is also used in the CSD Regulation has, unless the contrary intention appears, the same meaning in this Chapter, Chapter 5A of Part 3 or Chapter 3A of Part 16 that it has in the CSD Regulation.]
Inserted (4.07.2023) by European Union (Dematerialised Securities) Regulations 2023 (S.I. No. 353 of 2023), reg. 5.