Stock Transfer Act 1982

1(1)In subsection (1) of section 1 of the Forged Transfers Act 1891 (power for companies and local authorities to make compensation for losses arising from forged transfers)—U.K.

(a)after the words “transferable by an instrument in writing” there shall be inserted the words “ or by an exempt transfer, within the meaning of the Stock Transfer Act 1982 ” ; and

(b)for the words “forged transfer” there shall be substituted the words “ forged instrument ” ; and

F1(c). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(2)At the end of that subsection there shall be added the following subsection :—

(1A)in subsection (1) above “instrument” has the same meaning as in Part I of the Forgery and Counterfeiting Act 1981.

Textual Amendments