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Section 10 Registration of stock transferred by scheme.

(1)

Where in pursuance of the provisions of any scheme under this Measure any stock is transferred to the Commissioners the production of a copy of the scheme sealed with the seal of the Commissioners shall be a sufficient authority to any company in whose books is standing any stock so transferred to register or inscribe the stock in the name of the Commissioners.

(2)

In this section—

  • “Company” includes the Bank of England and any company or person keeping books in which any stock is registered or inscribed;

  • “Stock” includes any share, annuity or other security.