(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.