Section 50 Official seal for share certificates etcC1

(1)

A company that has a common seal may have an official seal for use—

(a)

for sealing securities issued by the company, or

(b)

for sealing documents creating or evidencing securities so issued.

(2)

The official seal—

(a)

must be a facsimile of the company's common seal, with the addition on its face of the word “Securities”, and

(b)

when duly affixed to the document has the same effect as the company's common seal.

Annotations

C1: S. 50 applied (with modifications) (1.10.2009) by The Unregistered Companies Regulations 2009 (S.I. 2009/2436), regs. 3-5, Sch. 1 para. 3(f) (with transitional provisions and savings in regs. 7, 9, Sch. 2)

C1: Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))
C2: Pts. 1-39 (except for Pt. 7 and ss. 662-669), 45-47 extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 5(1), Sch. 1 para. 2