Part 8A company’s members

Chapter 3Overseas branch registers

133Transactions in shares registered in overseas branch register

1

Shares registered in an overseas branch register must be distinguished from those registered in the main register.

2

No transaction with respect to shares registered in an overseas branch register may be registered in any other register.

3

An instrument of transfer of a share registered in an overseas branch register—

a

is regarded as a transfer of property situated outside the United Kingdom, and

b

unless executed in a part of the United Kingdom, is exempt from stamp duty.