Offshore Petroleum and Greenhouse Gas Storage Act 2010
431Transfer of securities
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431 Transfer of securities
If—
(a) a security is in force in relation to a site closing certificate; and
(b) the site closing certificate is transferred—
(c) the interest of the transferor in the security is, by force of this section, transferred to the transferee; and
(d) a document setting out or relating to the security has effect, after the transfer, as if a reference in the document to the transferor were a reference to the transferee.