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COMPANIES ACT (NORTHERN IRELAND) 1960 - SECT 83

Issue and effect of share warrants to bearer.

83.(1) A company limited by shares, if so authorised by its articles, may,
with respect to any fully paid-up shares, issue under its common seal a
warrant stating that the bearer of the warrant is entitled to the shares
therein specified, and may provide, by coupons or otherwise, for the payment
of the future dividends on the shares included in the warrant.

(2) Such a warrant as aforesaid is in this Act referred to as a "share
warrant".

(3) A share warrant shall entitle the bearer thereof to the shares therein
specified, and the shares may be transferred by delivery of the warrant.

S.84 rep. by 1969 c.16 (NI) s.31(2) sch.3 Pt.I

Provisions as to registers of debenture holders.

© 1960 Crown Copyright

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