Schedule 11: Central counterparties Part 5 – Special resolution action Conversion and delisting
Paragraph 44 outlines that a share transfer instrument may provide for securities (as previously defined), to be converted from one form or class to another (sub-paragraph (1)) – and may also provide for the listing of securities to be discontinued or suspended (sub-paragraph (2)). Sub-paragraph (3) explains that where the listing of securities is suspended by a share transfer instrument, those securities are to be treated as still being listed for specific purposes.