Section 13: Registration of transfers of stock and liens on stock.

(1) No person shall be registered as the transferee of any registered stock except upon surrender to the Central Bank of the stock certificate and the instrument of transfer relating to that stock and upon payment of the prescribed fee.
(2) The Central Bank may register a lien on any registered stock in accordance with such provisions as are prescribed by regulation and upon payment of the prescribed fee.
(3) With effect from the 1st day of May, 1949, any such lien which is registered under the Act shall have priority over any lien not so registered.