785 Provision enabling procedures for evidencing and transferring title

Powers exercisable

785  Provision enabling procedures for evidencing and transferring title

(1)     Provision may be made by regulations for enabling title to securities to be evidenced and transferred without a written instrument.

(2)     The regulations may make provision—

(a)     for procedures for recording and transferring title to securities, and

(b)     for the regulation of those procedures and the persons responsible for or involved in their operation.

(3)     The regulations must contain such safeguards

Powered by Lexis+®

Popular documents