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

[F1 40 Official seal for share certificates, etc. E+W+S

(1) A company [F2 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 [F3 its common seal] with the addition on its face of the word “Securities”. [F4 The official seal when duly affixed to a document has the same effect as the company’s common seal.]]

[F5 (2) Nothing in this section shall affect the right of a company registered in Scotland to subscribe such securities and documents in accordance with the Requirements of Writing (Scotland) Act 1995.]

Textual Amendments

F1 S. 40 renumbered as s. 40(1) (1.8.1995) by 1995 c. 7, ss. 14(1), 15(2), Sch. 4 para. 54 (with ss. 9(3)(5)(7), 13, 14(3))

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

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

F4 Words inserted by Companies Act 1989 (c. 40, SIF 27), ss. 130(7), 213(2), Sch. 17 para. 3(3)

F5 S. 40(2) added (1.8.1995) by 1995 c. 7, ss. 14(1), 15(2), Sch. 4 para. 54 (with ss. 9(3)(5)(7), 13, 14(3))

Modifications etc. (not altering text)

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