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Each such instrument of transfer is indexed only under the particular signatures it contains.
Within this system, transfers of securities had to be settled through the physical delivery of paper certificates and instruments of transfer.
Share transactions carried out on the Singapore Exchange via the scripless settlement system do not attract duty, as there is no instrument of transfer.
The instruments of transfer were drawn out: St. John, Diana, Mary, and I, each became possessed of a competency.
The Act recognises that shares may be transmitted by operation of law and that, when this occurs, the prohibition on registering unless a proper instrument of transfer has been delivered does not apply.
Words to that effect may be used by the parties in the deed of conveyance or other instrument of transfer of title, or by a testator in a will, or in an inter vivos trust deed.
When the second registration is sought to reflect the change of ownership, the Copyright Office will refuse to make a second registration, but will point out the possibility of reflecting the change in ownership by recording the instrument of transfer.
The Directors may require to be satisfied that any Share being transferred under this paragraph are being transferred in pursuance of a bona fide sale for the consideration stated in the instrument of transfer without any deduction rebate or allowance whatsoever to the Purchaser.
Method: while transfer of shares is brought about by delivery of a proper instrument of transfer (viz, transfer deed) duly stamped and executed, transmission of shares is done by forwarding the necessary documents (such as a notarised copy of death certificate) to the company.