(1) A Bond may be registered in—
(a) the name of a person or the joint names of 2 persons; or
(b) the name of a registered “body of persons” within the meaning of section 2 of the Income Tax Act, a friendly society, credit union, or any other non-profit organization.
(2) Subject to regulation 4, bonds may not be registered in the name of a person as a nominee.
(3) Where, in accordance with these Regulations, an entry in respect of a bond is made in the Register in the name of a person or an organisation, that entry is conclusive evidence that that person or organisation is the holder of that bond.