146 Transfer of securities on alteration of area, etc

146  Transfer of securities on alteration of area, etc

(1)     Where any securities are standing in the books of a company in the name of a local authority, the following provisions shall have effect—

(a)     if the name of the authority is changed, then at the request of the authority and on production of a statutory declaration by the proper officer of the authority specifying the securities and verifying the change of name and identity of the authority, the company shall enter the securities in the new name of the local authority in like manner as if the securities had been transferred to the authority under that name;

(b)     if by virtue of anything done under

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