Document ID: chunk:federal_register_of_legislation:C2004A03231:body:0:p51
Version: federal_register_of_legislation:C2004A03231
Segment Type: other
Provision Reference: 
Character Range: 127416–130120

holding; and
         (b) set out the amount paid, or agreed to be considered as paid, on the shares.
    "(2) Notwithstanding sub-sections (1) and (1a), where a company has converted any of its shares into stock and given notice of the conversion to the Commission, the company shall enter in its register of members—
         (a) in the case of a non-listed company—in relation to each member who holds stock—
             (i) if the member holds stock beneficially—a statement of the amount of stock, or of the number of stock units, as the case requires, that the member so holds; and
             (ii) if the member holds stock non-beneficially—a statement of the amount of stock, or of the number of stock units, as the case requires, that the member so holds and a notation to the effect that the member holds the stock non-beneficially within the meaning of this section; or

         (b) in the case of a listed company—a statement of the amount of stock, or of the number of stock units, as the case requires, held by each member who holds stock,
    and shall alter or delete accordingly the statements in the register that relate to shares held by members.
    "(2a) For the purposes of paragraphs (1) (aa) and (ab) and of sub-sections (1a) and (2), where 2 or more persons jointly hold shares in a company, whether or not any of the persons holds any other shares in the company, the persons shall together be deemed, in relation to the first-mentioned shares, to be a member of the company.
    "(2b) In determining for the purposes of sub-sections (1) and (2) whether a member of a non-listed company holds shares in the company beneficially or non-beneficially, regard shall be had only to prescribed information in relation to the company.
    "(2c) Where—
         (a) an instrument of transfer of shares in a company includes a notice of the kind referred to in paragraph 255a (1) (c) and is lodged with the company for registration of the transfer; and
         (b) the company registers the transfer,
    the information contained in the notice shall be taken, for the purposes of sub-section (2b) of this section, to be prescribed information in relation to the company.
    "(2d) Information contained in a notice given to a non-listed company under sub-sections 255a (3), (4), (5) and (6), or in a statement furnished to a non-listed company pursuant to a notice given to a person under sub-section 261 (2) or (3), shall be taken, for the purposes of sub-section (2b) of this section, to be prescribed information in relation to the company."; and
     (c) by adding at the end the following sub-section:
    "(8) In this section—
         'listed company' means a company that is