(1) In respect of every listed company there shall be a register of members kept and entered up by a share registry on its registry system in accordance with these Regulations.
(2) Any company which proposes to list may, before listing, if its articles of association permit, contract with a share registry for its register of members to be kept and entered up by the share registry on its registry system in accordance with these Regulations.
(3) References in the Companies Act to a company's register of members shall, unless the context otherwise requires, be construed in relation to a listed company or a company to which subregulation (2) applies as referring to the company's register of members kept under these Regulations.
(4) Subject to regulation 22, share certificates issued by the company shall cease to have effect when a register of members is established under subregulation (1) or subregulation (2) and the title to shares of the company shall subsequently be evidenced and transferred in the manner stipulated by regulation 7.
(5) In relation to every listed company and every company to which subregulation (2) applies, the share registry shall enter on the register of members—
(a) in alphabetical order the full name and address of each member who is an individual, or in the case of a corporate body its full name, the place where it is incorporated and the address of its registered or principal office;
(b) with the names and addresses under paragraph (a), a statement of the shares held by each member and, where the company has more than one class of issued shares, distinguishing each share by its class;
(c) an identification number distinguishing each member from the other members;
(d) the registry account number of each member;
(e) the total amount paid up on the shares;
(f) where the company has converted any of its shares into stock, the amount and class of stock held by each member, instead of the amount of shares and the particulars relating to shares specified in paragraph (b);
(g) if any share of the company is held by 2 or more persons, the names and addresses of all such members.
(6) An entry relating to a member of a company who has ceased to hold any shares in the company may be removed from the register of members after the expiration of 10 years beginning with the day on which the member ceased to hold any such shares.
(7) A notice of any trust, expressed, implied or constructive, shall not be entered on a register of members, or a part of such a register, or be receivable by a share registry but this provision shall not prohibit the entry of liens and charges under regulations 8 and 9.
(8) Every listed company shall within 30 days of its acceptance for listing on a securities exchange enter into a contract with a share registry for the share registry to keep its register of members under these Regulations.
(9) On entering into a contract with a share registry for the keeping by the share registry of its register of members under subregulation (2) or (8) the company shall immediately close its register of members and transfer it to the share registry.
(10) The company and the share registry shall complete the transfer of the register of members within 30 days and the register shall be re-opened by the share registry within 7 days after the transfer is completed.
(11) The share registry shall—
(a) within 30 days of the opening of a register of members under this regulation at its cost provide each member whose name appears on the register of members with a written statement sent by ordinary mail containing the—
(i) member's identification number,
(ii) member's registry account number,
(iii) name and address of the member as it appears on the registry of members, and
(iv) amount and class of shares or stock held by the member;
(b) at any time, on the written request of a member and on payment by the member of a fee of an amount approved by the Commission provide the member with a written statement containing the information set out in paragraph (a).
(12) A statement provided under this regulation shall be effective only as a record of its contents as at its date.