Church Commissioners Measure 1947

14 Transfer of stock.U.K.

(1)Where any stock is standing in the books of a company in the name of either of the constituent authorities, a request by the secretary of the Commissioners and production of a copy of this Measure printed by or for the King’s Printer of Acts of Parliament shall be a sufficient authority to the company to transfer the stock into the name of and to pay dividends on the stock to, the Commissioners.

(2)In this section the expression—

  • company” includes the Bank of England and any company or person keeping books in which any stock is registered or inscribed; and

  • stock” includes any share, annuity or other security.