Section 41(3)

In this section— “recognised CSD” has the meaning given by section 285(1) of FSMA 2000; “recognised clearing house” has the meaning given by section 285(1) of FSMA 2000; “securities settlement system” means a computer-based system, and procedures, which enable title to units of a security to be evidenced and transferred without a written instrument, and which facilitate supplementary and incidental matters.

← 2C · All articles · 4 →

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