http://www.legislation.gov.uk/ukpga/2015/26/section/84
Small Business, Enterprise and Employment Act 2015
An Act to make provision about improved access to finance for businesses and individuals; to make provision about regulatory provisions relating to business and certain voluntary and community bodies; to make provision about the exercise of procurement functions by certain public authorities; to make provision for the creation of a Pubs Code and Adjudicator for the regulation of dealings by pub-owning businesses with their tied pub tenants; to make provision about the regulation of the provision of childcare; to make provision about information relating to the evaluation of education; to make provision about the regulation of companies; to make provision about company filing requirements; to make provision about the disqualification from appointments relating to companies; to make provision about insolvency; to make provision about the law relating to employment; and for connected purposes.
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Statute Law Database
2024-03-18
Expert Participation
2024-03-04
PART 7Companies: Transparency
Abolition of share warrants to bearer
84Abolition of share warrants to bearer
1
In section 779 of the Companies Act 2006 (issue and effect of share warrant to bearer), after subsection (3) insert—
4
No share warrant may be issued by a company (irrespective of whether its articles purport to authorise it to do so) on or after the day on which section 84 of the Small Business, Enterprise and Employment Act 2015 comes into force.
2
For the heading of that section substitute “
Prohibition on issue of new share warrants and effect of existing share warrants
”
.
3
Schedule 4—
a
makes provision for arrangements by which share warrants issued before this section comes into force are to be converted into registered shares or cancelled, and
b
makes amendments consequential on that provision.