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Marketable Securities Act 1970
4Sufficient instrument of transfer
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4 Sufficient instrument of transfer
4 Sufficient instrument of transfer
A document that is a sufficient instrument of transfer under this Act may be used:
(a) where it relates to a transfer of marketable securities, as a proper instrument of transfer for the purposes of section 95 of the Companies Act 1961, and as an instrument of transfer for the purposes of any other law or instrument governing or relating to those securities, and
(b) where it relates to a transfer of rights to marketable securities, as an instrument of transfer of those rights for the purposes of any law or instrument governing or relating to those rights or securities.