C2C3Part 21Certification and transfer of securities

Annotations:
Modifications etc. (not altering text)
C2

Pt. 21 applied (with modifications) (8.00 a.m. on 29.9.2008) by The Bradford & Bingley plc Transfer of Securities and Property etc. Order 2008 (S.I. 2008/2546), art. 4(7)

Chapter 1Certification and transfer of securities: general

Transfer of securities

C1770Registration of transfer

1

A company may not register a transfer of shares in or debentures of the company unless—

a

a proper instrument of transfer has been delivered to it, or

b

the transfer—

i

is an exempt transfer within the Stock Transfer Act 1982 (c. 41), or

ii

is in accordance with regulations under Chapter 2 of this Part.

2

Subsection (1) does not affect any power of the company to register as shareholder or debenture holder a person to whom the right to any shares in or debentures of the company has been transmitted by operation of law.