Part I E+W+S Formation and Registration of Companies; Juridical Status and Membership

Chapter III E+W+S A Company’s Capacity; Formalities of Carrying on Business

40 Official seal for share certificates, etc. E+W+S

A company [F1 which has a common seal] may have, for use for sealing securities issued by the company and for sealing documents creating or evidencing securities so issued, an official seal which is a facsimile of [F2 its common seal] with the addition on its face of the word “Securities".

[F3 The official seal when duly affixed to a document has the same effect as the company’s common seal.]

Textual Amendments

F1 Words inserted by Companies Act 1989 (c. 40, SIF 27), ss. 130(7), 213(2), Sch. 17 para. 3(2)

F2 Words substituted by Companies Act 1989 (c. 40, SIF 27), ss. 130(7), 213(2), Sch. 17 para. 3(2)

F3 Words inserted by Companies Act 1989 (c. 40, SIF 27), ss. 130(7), 213(2), Sch. 17 para. 3(3)

Modifications etc. (not altering text)

C1 S. 40 applied with modifications by S.I. 1985/680, regs. 4–6, Sch.