The Government Stock (Amendment) Regulations 1997
These Regulations amend the Government Stock Regulations 1965. The amendments made by regulations 3–7 relate to strips of Government stock or bonds and make provision—for the keeping of registers of strips (regulations 3 and 6(a));for strips to be transferable only through the CGO Service (regulation 4);for the Exchange of Securities (General) Rules 1979 not to apply to the exchange of stock for strips or the exchange of strips for stock (regulations 5 and 6(b)); andextending the definition of stock to include strips for the purposes of the 1965 Regulations (except in certain cases), and defining “strip” for the purpose of those Regulations (regulations 6(c) and (d) and 7).