Transfer and transmission

8.  The registrar may decline to give effect to a transfer of any stock or bonds unless—

(a)there is furnished to him such evidence as he may require of the right of the transferor to make the transfer; and

(b)the transfer is accompanied by a certificate showing that the transferor is the holder of that stock or those bonds; or

(c)there is furnished to him such evidence as he may require that a certificate showing that the transferor is the holder of that stock or those bonds has been lost or destroyed and such indemnity in respect thereof as he may require; or

(d)the transfer is accompanied by a certificate showing that the transferor is the holder of part of that stock or those bonds and as to the residue thereof there is furnished to him such evidence and indemnity as he may require under paragraph (c) above.