Regulation 77 Saving for rights of joint holders, etc.I1

Nothing in these Regulations relating to joint holders of stock or certificates shall affect the mutual rights of joint holders.

Nothing in these Regulations relating to a trustee shall, as between trustees or as between a trustee and a beneficiary under a trust, be deemed to authorise a trustee to act otherwise than in accordance with legal requirements applying to the trust and the terms of the instrument (if any) constituting the trust.