Provisions consequent on participation by PLC in system for uncertificated transfer
have effect where a PLC is a participating issuer.
are without prejudice to
(3) In this section and
“participating issuer” has the meaning given to it by—
Companies Act 1990 (Uncertificated Securities) Regulations 1996 (
S.I. No. 68 of 1996) which regulations are continued in force by
(b) if regulations under
are made and those regulations—
(i) replace the regulations referred to in
paragraph (a)— those replacement regulations; or
(ii) amend the regulations referred to in
paragraph (a)— the latter regulations as they stand so amended.