Section 4

In these Regulations “transferable securities” means those classes of securities which are negotiable on the capital market, with the exception of instruments of payment, such as— shares in companies and other securities equivalent to shares in companies, partnerships or other entities, and depositary receipts in respect of shares; bonds or other forms of securitised debt, including depositary receipts in respect of such securities; any other securities giving the right to acquire or sell any such securities or giving rise to a cash settlement determined by reference to such securities, currencies, interest rates or yields, commodities or other indices or measures.

← 3 · All articles · 5 →

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