PART VShare Capital, its Increase, Maintenance and Reduction

CHAPTER VIIIMiscellaneous Provisions about Shares and Debentures

Share and debenture certificates, transfers and warrants

189Offences in connection with share warrants (Scotland)

1

If in Scotland a person—

a

with intent to defraud, forges or alters, or offers, utters, disposes of. or puts off, knowing the same to be forged or altered, any share warrant or coupon, or any document purporting to be a share warrant or coupon, issued in pursuance of this Act; or

b

by means of any such forged or altered share warrant, coupon, or document purporting as aforesaid, demands or endeavours to obtain or receive any share or interest in any company under this Act, or to receive any dividend or money payable in respect thereof, knowing the warrant, coupon, or document to be forged or altered ;

he is on conviction thereof liable to imprisonment or a fine, or both.

2

If in Scotland a person without lawful authority or excuse (proof whereof lies on him)—

a

engraves or makes on any plate, wood, stone, or other material, any share warrant or coupon purporting to be—

i

a share warrant or coupon issued or made by any particular company in pursuance of this Act; or

ii

a blank share warrant or coupon so issued or made; or

iii

a part of such a share warrant or coupon; or

b

uses any such plate, wood, stone, or other material, for the making or printing of any such share warrant or coupon, or of any such blank share warrant or coupon, or any part thereof respectively ; or

c

knowingly has in his custody or possession any such plate, wood, stone, or other material;

he is on conviction thereof liable to imprisonment or a fine, or both.