Cancellation or Variation of Nomination secures transfer of securities rights to the nominated person upon a member's death. Form SH-14 enables security holders to cancel or vary an existing nomination by cancelling a prior nomination or nominating a replacement who will receive ... Summary
Cancellation or Variation of Nomination secures transfer of securities rights to the nominated person upon a member's death.
Form SH-14 enables security holders to cancel or vary an existing nomination by cancelling a prior nomination or nominating a replacement who will receive rights in specified securities on the holder's death. The form mandates particulars of the securities, detailed personal and contact information for the new nominee, and, if the nominee is a minor, the minor's particulars, guardian details, and an alternate nominee should the minor predecease majority. Execution requires the security holder's signature and witness information.
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