Singapore legislation

Section 45

of Stamp Duties Act 1929

Section 45

Transfers of shares

(1)

Transfers of shares must not be stamped until the numbers of the shares are entered.

(2)

The Commissioner may, if he or she is satisfied that the numbers of the shares cannot be obtained or cannot be obtained without undue delay and expense, permit a transfer of shares to be stamped although the numbers of the shares are not entered on the transfer.