CTHRepealedLegislation
Commonwealth Inscribed Stock Regulations
41Issue of bearer securities in exchange for stock
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41 Issue of bearer securities in exchange for stock
(1) An application for the issue of bearer securities in exchange for stock shall be in accordance with Form 26.
(2) Bearer securities issued in exchange for stock shall be issued on the same terms and conditions (including terms and conditions, if any, as to interest) as those on which the stock was issued.
(3) Before bearer securities are issued in exchange for stock, the Registrar shall cause any overdue interest coupons to be cut off and cancelled.