Common use of Second Schedule Clause in Contracts

Second Schedule. (c) An appointment of a Registrar of Stock under this clause may be made by the appointment of the holder for the time being of an office, specifying the office but without naming the holder, and in any such case each successive holder of that office and each person who for the time being, occupies or performs the duties of that office shall, without further appointment or other authority, and while he holds or occupies or performs the duties of that office, be the Registrar of Stock under this Act in terms of that appointment.