Malaysia legislation

Section 12

of Local Loans Ordinance 1959

Section 12

(1)

The Accountant-General shall keep a register in which all stock issued under the provisions of this Ordinance shall be registered, and in which all transfers and all dealings in such stock under the provisions of this Ordinance shall be registered and in

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which shall be entered all matters and things which by this Ordinance are required to be entered in the register.

(2)

Such register shall, until the contrary is proved, be evidence of title of any person in respect of any stock which he is entered as the stockholder.

Stock Certificate.

Section 12 — Local Loans Ordinance 1959 | mylaw.my