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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 78

Notice of refusal to register transfer.

78.(1) If a company refuses to register a transfer of any shares or
debentures, the company shall, within two months after the date on which the
transfer was lodged with the company, send to the transferee notice of the
refusal.

(2) If default is made in complying with this section, the company and every
officer of the company who is in default shall be liable to a default fine.

© 1960 Crown Copyright

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