(1) On the death of a holder of securities his or her personal representative shall be the only person recognised by the share registry as having any title to the securities.
(2) The personal representative of the deceased holder shall on production to the share registry of a Grant of Probate or Letters of Administration issued by the court, be entitled to—
(a) elect to become the holder of the securities; or
(b) transfer the securities to another person.
(3) A person who becomes entitled to securities in consequence of the bankruptcy of a holder of the securities shall on production to the share registry of an order of the court appointing him or her as trustee in bankruptcy be entitled to—
(4) Where the personal representative or trustee in bankruptcy elects to become the holder of the securities the share registry shall enter his or her name on the relevant register of securities in place of the deceased or bankrupt holder as the case may be.
(5) Where the personal representative or trustee in bankruptcy transfers the securities all provisions of these Regulations relating to the transfer of securities shall apply to the transfer as if it were a transfer executed by the holder and the death or bankruptcy of the holder had not occurred.
(6) A person becoming entitled to a security in consequence of the death or bankruptcy of a holder of the security shall have the rights which he or she would be entitled to if he or she were the holder of the security, except that, in the case of shares or corporate debt he or she shall not, before being recorded by the share registry as the holder of the security, be entitled to attend or vote at any meeting of the company or at any separate meeting of the holders of any class of shares in the company or at any meeting of the holders of corporate debt of the company.