Part V Share Capital, its Increase, Maintenance and Reduction

Chapter VIII Miscellaneous Provisions about Shares and Debentures

Share and debenture certificates, transfers and warrants

F1186 Certificate to be evidence of title.

F2(1)

A certificate under the common seal of the company . . . F3 specifying any shares held by a member is—

(a)

in England and Wales, prima facie evidence, and

(b)

in Scotland, sufficient evidence unless the contrary is shown, of his title to the shares.

(2)

Without prejudice to subsection (1), as respects Scotland a certificate specifying any shares held by a member and subscribed by the company in accordance with the Requirements of Writing (Scotland) Act 1995 is, unless the contrary is shown, sufficient evidence of his title to the shares.