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This document is for recording the transfer of shares from one person or entity to another. In most cases, this share transfer form will be used alongside a sale and purchase agreement or other agreement recording the terms of the share transfer, rather than as a transfer agreement in its entirety.
This share transfer form is intended for use by companies incorporated in New Zealand only. Under the Companies Act 1993, a share transfer form must be delivered to the company or the agent of the company who maintains the share register. On receipt of the notice, the company must enter the name of the transferee on the company’s share register as the holder of the relevant shares (subject to some exceptions).
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