Examples of 1996 Regulations in a sentence
No transfer of title to shares held in uncertificated form shall be registered except in accordance with the provisions of the 1996 Regulations.
Where any class of shares is held in uncertificated form, the Register in relation to that class shall (notwithstanding any other provision of these Articles) be maintained in accordance with the 1996 Regulations.
Where a share, which is to be sold as provided for in this Part, is held in uncertificated form, the Directors may authorise some person to do all that is necessary under the 1996 Regulations to change such share into certificated form prior to its sale under this Part.
For the purposes of these Articles, the expressions “in uncertificated form” and “in certificated form” are to be interpreted in the same manner as in the 1996 Regulations and the expressions ‘Operator’, ‘Operator-instruction’, ‘participating security’ and ‘relevant system’ shall bear the meanings respectively attributed to them in the 1996 Regulations.
The Directors may make such arrangements as they think fit in relation to evidencing of title to and transfer of shares held in uncertificated form subject always to the 1996 Regulations.
Notwithstanding the provisions of these articles and subject to any regulations made under section 1086 of the Act, title to any shares in the Company may also be evidenced and transferred without a written instrument in accordance with the 1996 Regulations and section 1086 of the Act or any regulations made thereunder.
The Directors may decline to register any transfer of uncertificated shares only in such circumstances as may be permitted or required by the 1996 Regulations.
Where a share, which is to be sold as provided in this Article is held in uncertificated form, the Directors may authorise some person to do all that is necessary under the 1996 Regulations to change such share into certificated form prior to its sale under this Article.
For the purposes of these Articles, the expressions ‘in uncertificated form’ and ‘in certificated form’ are to be interpreted in the same manner as in the 1996 Regulations and the expressions ‘Operator’, ‘Operator-instruction’, ‘participating security’ and ‘relevant system’ shall bear the meanings respectively attributed to them in the 1996 Regulations.
Where a share, which is to be sold as provided in this Part XXV, is held in uncertificated form, the Directors may authorise some person to do all that is necessary under the 1996 Regulations to change such share into certificated form prior to its sale under this Article 135.