Section 65(1)

In this section— “onward transfer” means a transfer of property, rights or liabilities (whether or not under a power in this Part) from— a person who is a transferee under a property transfer instrument under section 12(2) or 12ZA(3) (an “original transferee”), or a bank, securities issued by which were earlier transferred by a share transfer instrument under section 12(2) or a share transfer order under section 13(2), and the person to whom the onward transfer is made is referred to as an “onward transferee”.

← 65 · All articles · 2 →

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