(1) Paragraphs (2) to (4) shall apply in relation to any uncertificated units of a security (other than a wholly dematerialised security) to which a notice given under section 979 of the 2006 Act relates, in place of the provisions of section 981(7) of that Act.

(2) Immediately on receipt of a copy sent under section 981(6)(a) of the 2006 Act of a notice given under section 979 relating to uncertificated units of a participating security (whether or not it also relates to certificated units of the security), a company which is a participating issuer shall -

(a) by issuer-instruction -

(i) inform the Operator that the copy notice has been received, and

(ii) identify the holding of uncertificated units of the participating security to which the notice relates; and