(1) A share registry shall retain for a period of 10 years from the date on which it ceases to have effect each approved form and each power of attorney delivered to it under these Regulations and shall note on each document or form the date and time of its receipt by the share registry.
(2) Where a company transfers its register of securities from one share registry to another, the transferee share registry shall take possession of and retain documents and forms as provided in subregulation (1).
(3) Where any document or form has already ceased to have effect the transferee share registry shall only be required to retain the documents and forms for the un-expired portion of 10 year statutory period, and the obligations of the share registry that previously held the register of securities shall cease as soon as the transferee share registry takes possession.
(4) A share registry shall record in the relevant register the date and time of its receipt as shown on the approved form.