Rule 40.12 Stop order relating to securitiesF1
(1)
A stop order relating to securities may prohibit all or any of the following steps—
(a)
the registration of any transfer of the securities;
(b)
the making of any payment by way of dividend, interest or otherwise in respect of the securities; and
(c)
in the case of units of a unit trust, any acquisition of, or other dealing with, the units by any person or body exercising functions under the trust.
(2)
The order must specify—
(a)
the securities to which it relates;
(b)
the name in which the securities stand;
(c)
the steps which may not be taken; and
(d)
whether the prohibition applies to the securities only or to the dividends or interest as well.
Annotations
Textual amendments
- F1
Pt. 40 inserted (6.4.2016) by The Family Procedure (Amendment) Rules 2016 (S.I. 2016/355), rules 1(2), 8(b), Sch. 2 (with rule 9)