This legislation has been repealed.
(1)(a) When any stock
is to be transmitted in consequence of the death, bankruptcy or insolvency of
any stockholder or for any reason other than transfer under these regulations,
an application for registration by transmission shall be lodged with the
Registrar.
(b) The
application shall be in accordance with Form No. 3 in the schedule and
shall, if the Registrar so requires be supported by a statutory declaration
verifying the particulars contained in the application.
(2) The Registrar
shall require the signature of a person who claims transmission of stock by
virtue of his appointment as executor, administrator or trustee, to be
verified to his satisfaction.
(3) The probate of the
will, letters of administration of the estate, or an office copy of the
adjudication or order of sequestration or vesting order, as the case may be,
or any other document that authorises the transmission under this regulation
shall be produced to the Registrar.
(4) The Registrar may
require any document produced pursuant to this regulation to be left at the
office of the Port Authority at least two clear days before the stock to which
it relates is dealt with under these regulations.
(5) The Registrar
shall enter or cause to be entered particulars of such documents in a
register.