1964_THE_HONGKONG_AND_SHANGHAI_BANKING_REGULATIONS — Page 16

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A 16

CAP. 70]

The Hongkong and Shanghai Bank Regulations

[1989 Ed.

[Subsidiary]

12. Certificates of title to shares to be

under seal, and signing thereof

(1) Certificates of title to shares on the principal register shall be under the Common Seal or a Securities Seal and shall be signed by one director and countersigned by the secretary or by such other officer of the bank as may be authorized to do so by the board. (L.N. 61 of 1969; L.N. 106 of 1980)

(2) Certificates of title to shares on any local register shall be under the seal of the establishment which keeps such local register and shall be signed by the manager of such establishment or by such other officer of the bank as may be authorized to do so by the board.

(3) In the case of certificates of title to shares which have first been approved for sealing by the board or by such person or persons as may be authorized to do so by the board, whether such shares are on the principal register or a local register, the signatures of the persons who are required by the provisions of paragraph (1) or (2), as the case may be, to sign such certificates may be affixed thereto by any mechanical means which may for the time being have been adopted by the board.

(G.N.A. 86 of 1960)

13. Shareholder's right to certificate

(1) Subject to the provisions of regulation 15, every shareholder shall be entitled to a certificate in respect of each share registered in his name.

(2) Any such certificate shall be prima facie evidence of the title of the shareholder to such share.

14. Every certificate to specify number and denoting

numbers of shares; fee and stamp duty

Every certificate shall specify the number and denoting numbers, if any, of the shares in respect of which it is issued and the amount paid up thereon. A shareholder requiring more than one certificate in respect of his shares shall pay two dollars, or its equivalent in local currency, or such other sum as the board may determine, for each additional certificate beyond one. He shall also pay any stamp duty that may be payable in respect of his share certificate or certificates.

(G.N.A. 86 of 1960; L.N. 97 of 1977)

15. To which of joint holders certificate to be issued

Any certificate for shares registered in the names of two or more persons shall be delivered to that one of such persons who is first named on the register:

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A 16CAP. 70]The Hongkong and Shanghai Bank Regulations[1989 Ed.[Subsidiary]12. Certificates of title to shares to beunder seal, and signing thereof(1) Certificates of title to shares on the principal register shall be under the Common Seal or a Securities Seal and shall be signed by one director and countersigned by the secretary or by such other officer of the bank as may be authorized to do so by the board. (L.N. 61 of 1969; L.N. 106 of 1980)(2) Certificates of title to shares on any local register shall be under the seal of the establishment which keeps such local register and shall be signed by the manager of such establishment or by such other officer of the bank as may be authorized to do so by the board.(3) In the case of certificates of title to shares which have first been approved for sealing by the board or by such person or persons as may be authorized to do so by the board, whether such shares are on the principal register or a local register, the signatures of the persons who are required by the provisions of paragraph (1) or (2), as the case may be, to sign such certificates may be affixed thereto by any mechanical means which may for the time being have been adopted by the board.(G.N.A. 86 of 1960)13. Shareholder's right to certificate(1) Subject to the provisions of regulation 15, every shareholder shall be entitled to a certificate in respect of each share registered in his name.(2) Any such certificate shall be prima facie evidence of the title of the shareholder to such share.14. Every certificate to specify number and denotingnumbers of shares; fee and stamp dutyEvery certificate shall specify the number and denoting numbers, if any, of the shares in respect of which it is issued and the amount paid up thereon. A shareholder requiring more than one certificate in respect of his shares shall pay two dollars, or its equivalent in local currency, or such other sum as the board may determine, for each additional certificate beyond one. He shall also pay any stamp duty that may be payable in respect of his share certificate or certificates.(G.N.A. 86 of 1960; L.N. 97 of 1977)15. To which of joint holders certificate to be issuedAny certificate for shares registered in the names of two or more persons shall be delivered to that one of such persons who is first named on the register:
Baseline (Original)
A 16CAP. 70]The Hongkong and Shanghai Bank Regulations[1989 Ed.[Subsidiary]12. Certificates of title to shares to beunder seal, and signing thereof(1) Certificates of title to shares on the principal register shall be under the Common Seal or a Securities Seal and shall be signed by one director and countersigned by the secretary or by such other officer of the bank as may be authorized to do so by the board. (L.N. 61 of 1969; L.N. 106 of 1980)(2) Certificates of title to shares on any local register shall be under the seal of the establishment which keeps such local register and shall be signed by the manager of such establishment or by such other officer of the bank as may be authorized to do so by the board.(3) In the case of certificates of title to shares which have first been approved for sealing by the board or by such person or persons as may be authorized to do so by the board, whether such shares are on the principal register or a local register, the signatures of the persons who are required by the provisions of paragraph (1) or (2), as the case may be, to sign such certificates may be affixed thereto by any mechanical means which may for the time being have been adopted by the board.(G.N.A. 86 of 1960)13. Shareholder's right to certificate(1) Subject to the provisions of regulation 15, every shareholder shall be entitled to a certificate in respect of each share registered in his name.(2) Any such certificate shall be prima facie evidence of the title of the shareholder to such share.14. Every certificate to specify number and denotingnumbers of shares; fee and stamp dutyEvery certificate shall specify the number and denoting numbers, if any, of the shares in respect of which it is issued and the amount paid up thereon. A shareholder requiring more than one certificate in respect of his shares shall pay two dollars, or its equivalent in local currency, or such other sum as the board may determine, for each additional certificate beyond one. He shall also pay any stamp duty that may be payable in respect of his share certificate or certificates.(G.N.A. 86 of 1960; L.N. 97 of 1977)15. To which of joint holders certificate to be issuedAny certificate for shares registered in the names of two or more persons shall be delivered to that one of such persons who is first named on the register:
2026-05-05 14:36:08 · Baseline
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A 16

CAP. 70]

The Hongkong and Shanghai Bank Regulations

[1989 Ed.

[Subsidiary]

12. Certificates of title to shares to be

under seal, and signing thereof

(1) Certificates of title to shares on the principal register shall be under the Common Seal or a Securities Seal and shall be signed by one director and countersigned by the secretary or by such other officer of the bank as may be authorized to do so by the board. (L.N. 61 of 1969; L.N. 106 of 1980)

(2) Certificates of title to shares on any local register shall be under the seal of the establishment which keeps such local register and shall be signed by the manager of such establishment or by such other officer of the bank as may be authorized to do so by the board.

(3) In the case of certificates of title to shares which have first been approved for sealing by the board or by such person or persons as may be authorized to do so by the board, whether such shares are on the principal register or a local register, the signatures of the persons who are required by the provisions of paragraph (1) or (2), as the case may be, to sign such certificates may be affixed thereto by any mechanical means which may for the time being have been adopted by the board.

(G.N.A. 86 of 1960)

13. Shareholder's right to certificate

(1) Subject to the provisions of regulation 15, every shareholder shall be entitled to a certificate in respect of each share registered in his name.

(2) Any such certificate shall be prima facie evidence of the title of the shareholder to such share.

14. Every certificate to specify number and denoting

numbers of shares; fee and stamp duty

Every certificate shall specify the number and denoting numbers, if any, of the shares in respect of which it is issued and the amount paid up thereon. A shareholder requiring more than one certificate in respect of his shares shall pay two dollars, or its equivalent in local currency, or such other sum as the board may determine, for each additional certificate beyond one. He shall also pay any stamp duty that may be payable in respect of his share certificate or certificates.

(G.N.A. 86 of 1960; L.N. 97 of 1977)

15. To which of joint holders certificate to be issued

Any certificate for shares registered in the names of two or more persons shall be delivered to that one of such persons who is first named on the register:

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