Schedule 11, Part 5, paragraph 51(4)
FSMA 2023
Financial Services and Markets Act 2023 · United Kingdom
A reverse share transfer instrument is a share transfer instrument which— provides for transfer to the transferor under the original instrument (where sub-paragraph (2) applies); provides for transfer to the original transferee (where sub-paragraph (3) applies); makes other provision for the purposes of, or in connection with, the transfer of securities which are, could be or could have been transferred under paragraph (a) or (b).
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Source: legislation.gov.uk · retrieved 2026-09-04