# The Local Authority (Stocks and Bonds) Regulations 1974, Regulation 11


The certification by the registrar of a transfer of any stock or bonds shall be taken as a representation by him to any person acting on the faith of the certification that there has been furnished to the registrar evidence to show a prima facie title to that stock or those bonds in the transferor named in the transfer, but not as a representation that the transferor has any title thereto.

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Source: https://www.legislation.gov.uk/uksi/1974/519/regulation/11 (the official version)
Page: https://openlegislation.uk/local-authority-stocks-and-bonds-regulations-1974/regulation-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.