Paragraph 66 Transmittees’ rightsI1

United Kingdom

(1)

A transmittee who produces such evidence of entitlement to shares as the directors may properly require—

(a)

may, subject to the articles, choose either to become the holder of those shares or to have them transferred to another person, and

(b)

subject to the articles, and pending any transfer of the shares to another person, has the same rights as the holder had.

(2)

But transmittees do not have the right to attend or vote at a general meeting in respect of shares to which they are entitled, by reason of the holder’s death or bankruptcy or otherwise, unless they become the holders of those shares

Annotations

Commencement

I1: Sch. 3 art. 66 in force at 1.10.2009, see reg. 1