New Clause 264

Company Law Reform Bill [Lords] – in a Public Bill Committee at 1:45 pm on 20 July 2006.

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Execution of share transfer by personal representative

‘An instrument of transfer of the share or other interest of a deceased member of a company—

(a) may be made by his personal representative although the personal representative is not himself a member of the company, and

(b) is as effective as if the personal representative had been such a member at the time of the execution of the instrument.’.—[Margaret Hodge.]

Brought up, and added to the Bill.