Section 251: Registers

251. Registers (1) Subject to the other provisions of this section, where an amalgamation becomes effective, the Registrar including the Registrar-General, the Conservator of Mortgages or any other person charged with the keeping of any books or registers shall not be obliged, solely by reason of the amalgamation becoming effective, to change the name of an amalgamating company to that of an amalgamated company in those books or registers or in any documents. (2) Subject to subsection (3), the presentation to the Registrar or any other person referred to in subsection (1) of any instrument, whether or not comprising an instrument of transfer, by the amalgamated company— (a) executed or purporting to be executed by the amalgamated company; (b) relating to any property held immediately before the amalgamation by an amalgamating company; and (c) stating that, that property has become the property of the amalgamated company by virtue of this Part and producing the relevant certificate of amalgamation issued under section 249, shall, in the absence of evidence to the contrary, be sufficient evidence that the property has become the property of the amalgamated company. (3) Where any security issued by any person or any rights or interests in property of any person become, by virtue of this Part of this Act, the property C35 – 151 [Issue 1] Companies Act of an amalgamated company, that person, on presentation of a certificate signed on behalf of the Board of the amalgamated company, stating that, that security or any such rights or interests have, by virtue of this Part, become the property of the amalgamated company, shall, notwithstanding any other enactment or rule of law or the provisions of any instrument, register the amalgamated company as the holder of that security or as the person entitled to such rights or interests, as the case may be.