(1) A share transfer instrument is an instrument which -
(a) provides for securities issued by a specified bank to be transferred;
(b) makes other provision for the purposes of, or in connection with, the transfer of securities issued by a specified bank (whether or not the transfer has been or is to be effected by that instrument, by another share transfer instrument or otherwise).
(2) A share transfer instrument may relate to -
(a) specified securities, or
(b) securities of a specified description.