Each dividend or any interest on debentures may be paid by cheque, electronic transfer, warrant or otherwise as the Directors may from time to time determine and may be sent by post or through electronic transfer to the beneficial owner's last registered address, or any other address requested by such beneficial owner, or in the case of joint registered owners to that one of them first named in the register in respect of such joint holdings, and the payment of such cheque or warrant if purporting to be duly endorsed shall be a good discharge to the bank in respect thereof.