27. Transfer of stock within a Registry from one person to another
(1) Stock may be transferred within a Registry from one person to another by a Transfer executed by both parties and lodged at the Registry.
(2) A transfer of stock under this regulation shall be effected ¾
(a) by cancelling the inscription of the stock in the name of the transferor in the Stock Ledger; and
(b) by inscribing the stock in the name of the transferee in the Stock Ledger.
Transfer of stock from one Registry to another with change of ownership