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How to fill out the ZA CM42 online
The ZA CM42 is an essential form under the Companies Act of 1973 for transferring securities in South Africa. This guide provides comprehensive, step-by-step instructions to assist users in filling out the form accurately online.
Follow the steps to complete the ZA CM42 online.
- Press the ‘Get Form’ button to access the document and open it in your preferred online editor.
- Locate the section labeled 'Certification by issuer of security' and ensure it is completed if applicable. This area may require confirmation from the issuer regarding the security being transferred.
- In the section titled 'TRANSFER FROM', use block letters to insert the full names of the current registered owner(s) of the securities.
- Provide the full name of the issuer of the security as shown on the certificate. Remember to include both the quantity and full description of the securities being transferred.
- Include the certificate numbers and any distinctive numbers related to the securities.
- In the 'TRANSFER TO' section, again in block letters, write the full names and postal addresses of the new owner(s) who will receive the securities.
- State the consideration for the securities — this should either be the amount paid for the securities in figures or, if no payment was made, the market value of the securities at the time of the transaction.
- Sign and date the form in the designated areas to validate the transfer.
- Finally, enter your name and address or affix the stamp of the broker transferring the securities, and ensure any necessary revenue stamps are included.
Start filling out your ZA CM42 form online today for a smooth and efficient securities transfer process.
To initiate a share transfer, you typically need the share certificate, completed share transfer form, and identification of both the transferor and the transferee. Additionally, ensure that any necessary payment or consideration is arranged prior to the transfer. Accessing forms and guidance through the US Legal Forms platform can streamline this process and ensure you meet all legal requirements.
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