Section 40: Regulations for transfer of stock by instrument in writing.

Authority is hereby given for the making of regulations under section 16 of the Colonial Stock Act, 1877, to provide that, in accordance with section 1 of the Colonial Stock Act, 1948, stock issued (whether before or after the passing of the Colonial Stock Act, 1948) under the provisions of this Act shall be transferable by instrument in writing in accordance with the regulations and in no other manner.
[1951 No. 33.)