Regulation 13

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

reg. 13(2) word substituted by Uncertificated Securities 2001 Sch. 7 para. 15(d)(i)
reg. 13(2) words omitted by Uncertificated Securities 2001 Sch. 7 para. 15(d)(ii)
reg.13 amended by Local Authority (Stocks and Bonds) 2000 reg.2(10)
reg. 13 amended by Local Authority (Stocks and Bonds) 1985

(1)

The transferor of any stock or bonds shall remain the holder thereof until the registrar has given effect to the transfer.

(2)

The registrar shall not be required to give effect to a transfer until the expiration of fifteen clear days after the first day on which he has in his possession the transfer and such other evidence as he may require under these regulations.

(3)

The registrar shall give effect to a transfer or transmission by entering in the register such particulars as are necessary to show the effect thereof.