# The Companies (Model Articles) Regulations 2008, Paragraph 64: Transfer of uncertificated shares

Extent: E+W+S+N.I.

A transfer of an uncertificated share must not be registered if it is in favour of more than four transferees.

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Source: https://www.legislation.gov.uk/uksi/2008/3229/schedule/3/paragraph/64 (the official version)
Page: https://openlegislation.uk/companies-model-articles-regulations-2008/schedule-3/paragraph-64
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.