[F14C.—(1) Where a transfer of shares is made by means of electronic communication, the company must take reasonable steps to ensure that any electronic communication purporting to be made by the transferor is in fact made by the transferor.
(2) Failure to take reasonable steps shall not make the transfer void or otherwise affect its validity.]
Textual Amendments
F1Sch. 4 paras. 4A-4C inserted (6.3.2009) by The Open-Ended Investment Companies (Amendment) Regulations 2009 (S.I. 2009/553), regs. 1, 2(4)(a)