certificate of title to securities "certificate of title to securities" means any document of title whereby a person recognises the title of another to securities issued or to be issued by the first-mentioned person, and in the case of any such document with coupons (whether attached or on separate coupon sheets) includes any coupons which have not been detached; ACT 17 - EXCHANGE CONTROL ACT 1953 (Revised 1969) 2. Interpretation.