(1) Subject to regulation 78(2), for the purposes of section 142(1)(a) of the Act, the prescribed manner and form for recording prescribed transaction details is—
(a) a system approved by the Authority under regulation 83; or
(b) if no system is approved by the Authority under regulation 83, the electronic system provided by the Authority for that purpose.
(2) Subject to regulations 75(4), 76(5), 77(4) and 78(3), for the purposes of section 142(1)(b) of the Act, the prescribed manner and form for providing the prescribed transaction details to a prescribed person is—
(a) a system approved by the Authority under regulation 83; or
(b) if no system is approved by the Authority under regulation 83, the electronic system provided by the Authority.