Section 2 (1) of the Principal Act is hereby amended by-

(a) the substitution of "a form" for "the form", and

(b) the addition of the following proviso:

"Provided that-

(a) in the case of an instrument in the form set out in Part I of the Schedule to the Stock Transfer (Forms) Regulations, 1980, and inserted in the said First Schedule, by Regulation 4 of those Regulations, the instrument need not specify-

(i) particulars of the consideration, or

(ii) the address of the transferee, and

(b) in the case of an instrument in the form set out in Part II of the Schedule to the said Regulations and inserted in the said First Schedule by the said Regulation 4, if the transferor is a body corporate, the instrument need not be executed under hand but shall be sufficiently executed by or on behalf of such transferor if it bears a facsimile of the corporate seal of the transferor, authenticated by the signature (whether actual or facsimile) of a director or the secretary of the transferor.".