| Commentary

169.2 Company’s duties on transfer of shares

| Commentary

169.2 Company’s duties on transfer of shares

Within two months after the date on which a transfer is lodged in relation to any of its shares (other than a transfer to a financial institution), a company must complete the relevant share certificates and have them ready for delivery unless the conditions of issue of the shares provide otherwise or the company has issued a share warrant in respect of the shares following the transfer1. For this purpose, ‘transfer’ means a transfer which is either duly stamped and otherwise valid, or exempt within the Stock Transfer Act 1982, but does not

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