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Section 57 note

12 October 2006

Pursuant to the article Conference Resolutions - I and the comment it generated at Conference Resolutions - II, Allen West has noted the following: "It must be brought to the attention of all concerned that the Deeds Registries Regulation Board meeting held on 19 July 2006 held that section 57 cannot be applied in respect of shares and was not prepared to amend the provisions of the section to provide for same. The Board also requested the CRD to withdraw the two resolutions permitting for such acts of registration.

The latter has been placed on the agenda for the conference to be held at the end of October."

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