|
|
Transfer of securities, annuities and policies of assurance.
|
9.—(1) Except with the permission of the Minister, a person shall not transfer—
|
|
| |
(a) any security, annuity or policy of assurance, or any right or interest in a security, annuity or policy of assurance, to a person who is resident outside the scheduled territories or who is a nominee of a person so resident, or
|
|
| |
(b) any reserved security or coupon, or any right or interest in a reserved security or coupon, to any person.
|
|
| |
(2) Except with the permission of the Minister, a person shall not accept a transfer of—
|
|
| |
(a) any security, annuity or policy of assurance, or any right or interest in a security, annuity or policy of assurance, from a person who is resident outside the scheduled territories or who is a nominee of a person so resident, or
|
|
| |
(b) any reserved security or coupon, or any right or interest in a reserved security or coupon, from any person.
|
