Section 48R

A resolution instrument may permit or require the execution, issue or delivery of an instrument. A resolution instrument may provide for any provision in the instrument to have effect irrespective of— whether an instrument has been produced, delivered, transferred or otherwise dealt with; registration. A resolution instrument may provide for the effect of an instrument executed, issued or delivered in accordance with the resolution instrument. A resolution instrument may— entitle a person to be registered in respect of a security; require a person to effect registration.

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