
1 
This Act may be cited as the Forged Transfers Act, 1892, and this Act and the Forged Transfers Act, 1891, may be cited together as the Forged Transfers Acts, 1891 and 1892.
2 
Whereas by sub-section one of section one of the Forged Transfers Act, 1891, it is provided that such company or local authority as therein mentioned " shall have power to make compensation by a cash payment out of their funds for any loss " arising from the transfer of any such shares, stock, or securities " in pursuance of a forged transfer, or of a transfer under a forged " power of attorney," and it is expedient to remove doubts as to the application of the Act to losses and forgeries before the passing of the Act: Be it therefore enacted as follows :—“The Forged Transfers Act, 1891, shall have effect as if at the end of sub-section one of section one of that Act there were added the words " whether such loss arises, and whether the " transfer or power of attorney was forged before or after the " passing of this Act, and whether the person receiving such " compensation, or any person through whom he claims, has " or has not paid any fee or otherwise contributed to any fund " out of which the compensation is paid."”
3 
Sub-section two of section one of the said Act shall be read as if, after the words " on any one hundred pounds transferred," were inserted the words " with a minimum charge equal to that for twenty-five pounds. "
4 
Where the shares, stock, or securities of a company or local authority have by amalgamation or otherwise become the shares, stock, or securities of another company or local authority, the last-mentioned company and authority shall have the same power under the Forged Transfers Act, 1891, and this Act, as the original company or authority would have had if it had continued.