Section 121H — Land Transfer Act 1952: Mortgagee to have custody of licence and share certificate

121H Mortgagee to have custody of licence and share certificate The mortgagee, or, if there is more than one mortgage, the first mortgagee for the time being, of any registered licence is entitled— (a) To possession of the licensee's copy of the licence and of the share certificate issued in respect of the shares to which the licence relates; and (b) In the case of a registered mortgage, to receive notice of any meeting of the company in respect of which the licensee is entitled to notice; and (c) To attend at meetings of the company as proxy of the licensee, and, if present, to vote at those meetings instead of the licensee. Part 7A (comprising sections 121A to 121P) was inserted, as from 1 July 1994, by section 2 Land Transfer Amendment Act 1993 (1993 No 124).