(1) Until a share warrant issued by a company is surrendered the following are deemed to be the particulars required to be entered in the register of members in respect of the warrant -
(a) the fact of the issue of the warrant,
(b) a statement of the shares included in the warrant, distinguishing each share by its number so long as the share has a number, and
(c) the date of the issue of the warrant.
(2) [deleted]
(3) The bearer of a share warrant may, if the articles of the company so provide, be deemed a member of the company within the meaning of this Act, either to the full extent or for any purposes defined in the articles.
(4) [deleted]
(5) The company is responsible for any loss incurred by any person by reason of the company entering in the register the name of a bearer of a share warrant in respect of the shares specified in it without the warrant being surrendered and cancelled.
(6) On the surrender of a share warrant, the date of the surrender must be entered in the register
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