Share certificates

(1) A company incorporated under this Act must state in its Articles whether or not certificates in respect of its shares shall be issued. (2) If a company incorporated under this Act issues certificates in respect of its shares, the certificates– (a) must be signed by two directors or two officers of the company, or by one director and one officer; or (b) must be under the common seal of the company, with or without the signature of any director or officer of the company, and the Articles may provide for the signatures or common seal to be facsimiles. (3) A certificate issued in accordance with sub-section (2), specifying a share held by a member of the company is prima facie evidence of the title of the member to the share specified therein.