Schedule 2, Part 1, paragraph 4(7)

The form and class of the instrument (“the resulting instrument”) into which an instrument is converted, or with which it is replaced, do not matter for the purposes of paragraphs (a) and (b) of rule 3 in subsection (5); for instance, the resulting instrument may (if it is a security) fall within Class 1 or any other Class in section 14.

← 6 · All articles · 8 →

Source: legislation.gov.uk · retrieved 2026-09-04