17. Restrictions on and sale of shares

has contravened section 14 by becoming a controller of any description of an Islamic bank in Brunei Darussalam after having been served with a notice of objection to his becoming a controller of that description; or

having become a controller of any description in contravention of that section, continues to be one after such a notice has been served on him.

any transfer of, or agreement to transfer, those shares or, in the cases of unissued shares, any transfer of, or agreement to transfer, the right to be issued with them shall be void;

no voting rights shall be exercisable in respect of the shares;

no further shares shall be issued in right of them or in pursuance of any offer made to the holder;

except in a liquidation, no payment shall be made of any sum due from the institution on the shares, whether in respect of capital or otherwise.

until the end of the period within which an appeal can be brought against the notice of objection concerned; and

if such an appeal is brought, until it has been determined or withdrawn.

to all shares in the institution of which the person in question is a controller of the relevant description which are held by him or any of his associate which were not so held immediately before he became such a controller of that institution; and

where the person in question became a controller of the relevant description of an institution as a result of the acquisition by him or any of his associate of shares in another company, to all the shares in that company which are held by him or any of his associate which were not so held before he became such a controller of that institution.