Section 778(1)

A company— is not required in consequence of that allotment or transfer to comply with section 769(1) or 776(1) (duty of company as to issue of certificates etc). of which shares or debentures are allotted to a financial institution, of which debenture stock is allotted to a financial institution, or with which a transfer for transferring shares, debentures or debenture stock to a financial institution is lodged,

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Source: legislation.gov.uk · retrieved 2026-09-04