# Financial Services and Markets Act 2023, Paragraph 43: Continuity

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

(1) A share transfer instrument may provide for a transferee to be treated for any purpose connected with the transfer as the same person as the transferor.
(2) A share transfer instrument may provide for agreements made or other things done by or in relation to a transferor to be treated as made or done by or in relation to the transferee.
(3) A share transfer instrument may provide for anything (including legal proceedings) that relates to anything transferred and is in the process of being done by or in relation to the transferor immediately before the transfer date, to be continued by or in relation to the transferee.
(4) A share transfer instrument may modify references (express or implied) in an instrument or document to a transferor.
(5) A share transfer instrument may require or permit—
(a) a transferor to provide a transferee with information and assistance;
(b) a transferee to provide a transferor with information and assistance.

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Source: https://www.legislation.gov.uk/ukpga/2023/29/schedule/11/paragraph/43 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2023/schedule-11/paragraph-43
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.