Companies Act 2006, Section 770 is up to date with all changes known to be in force on or before 03 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.
(1)A company may not register a transfer of shares in or debentures of the company unless—
(a)a proper instrument of transfer has been delivered to it, or
(b)the transfer—
(i)is an exempt transfer within the Stock Transfer Act 1982 (c. 41), or
(ii)is in accordance with regulations under Chapter 2 of this Part.
(2)Subsection (1) does not affect any power of the company to register as shareholder or debenture holder a person to whom the right to any shares in or debentures of the company has been transmitted by operation of law.
[F1[F2(3)If an election under Chapter 2A of Part 8 is in force in respect of the company, references in this section to registering a transfer (or a person) are to be read as references to delivering particulars of that transfer (or person) to the registrar under that Chapter.]]
Textual Amendments
F1S. 770(3) omitted (26.10.2023 but only so far as it confers a power to make regulations or relates to the exercise of the power, otherwise prosp.) by virtue of Economic Crime and Corporate Transparency Act 2023 (c. 56), s. 219(1)(2)(b), Sch. 1 para. 15
F2S. 770(3) inserted (30.6.2016) by Small Business, Enterprise and Employment Act 2015 (c. 26), s. 164(1), Sch. 5 para. 26; S.I. 2016/321, reg. 6(c)
Modifications etc. (not altering text)
C1S. 770 applied (with modifications) (1.10.2009) by The Limited Liability Partnerships (Application of Companies Act 2006) Regulations 2009 (S.I. 2009/1804), regs. 2, 25
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