OpenLegislation

Paragraph 7

England, Wales and Scotland

If a share certificate is defaced, worn-out, lost or destroyed, it may be renewed on such terms (if any) as to evidence and indemnity and payment of the expenses reasonably incurred by the company in investigating evidence as the directors may determine but otherwise free of charge, and (in the case of defacement or wearing-out) on delivery up of the old certificate.

Notes on Schedule

Commencement

I1

Sch. in force at 1.7.1985, see reg. 1