Commentary Part 21: Certification and Transfer of Securities Chapter 2: Evidencing and Transfer of Title to Securities Without Written Instrument Section 787: Provision enabling or requiring arrangements to be adopted: order-making powers
1105.This section provides additional flexibility by enabling Ministers to designate, by order (subject to negative resolution procedure), companies or classes of company to which the regulations are to apply, or to modify the effect of the regulations (or disapply them) in relation to a designated class of companies or specified companies.