CHAPTER 8

Share Warrants and Stock Certificates to Bearer, etc.

Section 64 Instruments passing by delivery in pursuance of usage

This section provides that instruments used for the purpose of assigning, transferring or in any manner negotiating the right to a share or stock are treated as if they were instruments to bearer if delivery of such shares or stock is by usage treated as sufficient for the purpose of a sale on the market.

Relevant Date: Finance Act 2014