Companies Act 2014

F851[Transfer of applicable securities of DAC

984D

984D. Notwithstanding section 94, section 2 (1) of the Stock Transfer Act 1963 or any other enactment, a written instrument of transfer shall not be necessary to transfer the title to applicable securities that are transferred –

(a) from a central securities depository or its nominee to any holder of the rights or interests in those securities,

(b) from one central securities depository or its nominee to another central securities depository or its nominee, or

(c) to a central securities depository or its nominee from any holder of the rights or interests in those securities.]

Annotations

Amendments:

F851

Inserted (4.07.2023) by European Union (Dematerialised Securities) Regulations 2023 (S.I. No. 353 of 2023), reg. 4.