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The Open-Ended Investment Companies (Investment Companies with Variable Capital) Regulations 1996
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- UK Statutory Instruments
- 1996 No. 2827
- SCHEDULE 5
- Paragraph 10
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Transfer of bearer shares
10. Where the holder of bearer shares proposes to transfer to another person a number of shares which is less than the number specified in the instrument relating to those shares, he may only do so if he surrenders the instrument to the company and obtains a new instrument specifying the number of shares to be transferred.
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