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Changes over time for: Section 778


Llinell Amser Newidiadau
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Version Superseded: 28/11/2017
Status:
Point in time view as at 17/06/2016. This version of this provision has been superseded.

Status
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Changes to legislation:
Companies Act 2006, Section 778 is up to date with all changes known to be in force on or before 05 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.

Changes to Legislation
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778Issue of certificates etc: allotment or transfer to financial institutionU.K.
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adran has no associated
Nodiadau Esboniadol
(1)A company—
(a)of which shares or debentures are allotted to a financial institution,
(b)of which debenture stock is allotted to a financial institution, or
(c)with which a transfer for transferring shares, debentures or debenture stock to a financial institution is lodged,
is not required in consequence of that allotment or transfer to comply with section 769(1) or 776(1) (duty of company as to issue of certificates etc).
(2)A “financial institution” means—
(a)a recognised clearing house acting in relation to a recognised investment exchange, or
(b)a nominee of—
(i)a recognised clearing house acting in that way, or
(ii)a recognised investment exchange,
designated for the purposes of this section in the rules of the recognised investment exchange in question.
(3)Expressions used in subsection (2) have the same meaning as in Part 18 of the Financial Services and Markets Act 2000 (c. 8).
Modifications etc. (not altering text)
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