Section 274 Investments and Securities Act

Section 274 of the Investments and Securities Act 2025 is about Register of securities and appointment of Registrar. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows:

(1) A body shall keep a register of all information of transactions in securities and other information as required by this Act.

(2) A body shall for the purpose of carrying out its obligations under subsection (1) appoint any securities transfer agent registered with the Commission as Registrar and the appointment shall be subject to such terms and conditions as may be deemed fit by the body concerned.

(3) A register kept under this section shall be kept in such place as may be approved on behalf of the body and shall include the —
(a) names and addresses of the holders for the time being of the securities concerned and the persons deriving title from them;

(b) amount of securities held by every holder; and

(c) date on which the name of every holder is entered in respect of the securities held in his name.

(4) The Registrar may be required to submit his books of account in connection with his functions under this Part for an independent audit.