# The Open-Ended Investment Companies Regulations 2001, Paragraph 9


A transfer of title to any bearer share in a company is effected by the transfer from one person to another of the instrument mentioned in regulation 48 which relates to that share.

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Source: https://www.legislation.gov.uk/uksi/2001/1228/schedule/4/paragraph/9 (the official version)
Page: https://openlegislation.uk/open-ended-investment-companies-regulations-2001/schedule-4/paragraph-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.