The Open-Ended Investment Companies Regulations 2001

6.—[F1(1)] [F2Subject to sub-paragraph (2),] in the case of any transfer of shares which meets the requirements of paragraph 4 or 5, the company must—

(a)register the transfer; and

(b)where the name of the transferee is not already entered on the register, enter that name on the register.

[F3(2) The company may refuse to register any transfer of shares made by means of electronic communication.]

Textual Amendments

F1 Sch. 4 para. 6 renumbered as Sch. 4 para. 6(1) (6.3.2009) by The Open-Ended Investment Companies (Amendment) Regulations 2009 (S.I. 2009/553), regs. 1, 2(4)(d)(i)