Examples of Uncertificated Securities Order in a sentence
The directors shall keep and maintain or cause to be kept and maintained at the office or at such other place in Jersey where it is made up, as the directors may from time to time determine, a register in the manner required by the Companies Laws and the Uncertificated Securities Order.
Subject to the Law and the Uncertificated Securities Order, the Board may exercise the powers conferred on the Company with regard to the keeping of an overseas, local or other register and may make and vary regulations as it thinks fit concerning the keeping of a register.
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It is also consistent with the Uncertificated Securities Order, which provides that the record date for determining the entitlement of members to vote at a general meeting must not be more than 48 hours before the meeting, not taking account of any part of a day which is not a working day.
Such regulations will apply instead of any relevant provisions in these articles which relate to the transfer, conversion and redemption of shares in uncertificated form or which are not consistent with the Uncertificated Securities Order, in all cases to the extent (if any) stated in such regulations.
The directors shall keep and maintain or cause to be kept and maintained at the office or at such other place in Jersey where it is made up, as the directors may from time to time determine, a register in the manner required by the Jersey Companies Laws and the Uncertificated Securities Order.
This is in line with the Uncertificated Securities Regulations 2001 as amended by The Companies Act 2006 (Consequential Amendments) (Uncertificated Securities) Order 2009, which removed the statutory requirement to provide a reason should a company refuse to register a transfer of dematerialised shares post-1 October 2009.
A computer-based system, and procedures of the Operator,which enable title to units of a security to be evidenced and transferred without a written instrument pursuant to the Uncertificated Securities Order.
Provisions of the IWG Articles do not apply to any uncertificated shares to the extent that such provisions are inconsistent with the holding of shares in uncertificated form, with the transfer of shares by means of a relevant system, with any provision of the Uncertificated Securities Order, legislation and rules relating to uncertificated shares or with IWG doing anything by means of a relevant system.
Subject to the Jersey Companies Law and the Uncertificated Securities Order (as defined in the New WPP Articles), the board may permit any class of shares to be held in uncertificated form and to be transferred by means of a relevant system and may revoke such permission.