Part 1Special Resolution Regime

Chapter 3 Special resolution action

Transfer of securities

21Ancillary instruments: production, registration, &c.

(1)

A share transfer instrument or order may permit or require the execution, issue or delivery of an instrument.

(2)

A share transfer instrument or order may provide for a transfer to have effect irrespective of—

(a)

whether an instrument has been produced, delivered, transferred or otherwise dealt with;

(b)

registration.

(3)

A share transfer instrument or order may provide for the effect of an instrument executed, issued or delivered in accordance with the instrument or order.

(4)

A share transfer instrument or order may modify or annul the effect of an instrument.

(5)

A share transfer instrument or order may—

(a)

entitle a transferee to be registered in respect of transferred securities;

(b)

require a person to effect registration.