CCH Note:
Part 13 of the
Corporations Act 1989, inserted
by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as
follows:
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW
82
The Corporations Law is as follows:...
CHAPTER 7 - SECURITIES
PART 7.13 - TITLE TO, AND TRANSFER OF, SECURITIES
Division 3 - Transfer of marketable securities and marketable rights
Subdivision B - Sufficient transfers (transfers other than SCH-regulated transfers)
History
Heading inserted by No 210 of 1992, s 165 (effective 23 June
1993).
SECTION 1100
SUFFICIENT TRANSFERS
1100(1)
[Marketable securities]
A document that is under this Division a sufficient transfer of marketable securities may be used:
(a)
as a proper instrument of transfer for the purposes of section
1091; and
(b)
as an instrument of transfer for the purposes of any other law or instrument governing or relating to those securities.
1100(2)
[Rights to marketable securities]
A document that is under this Division a sufficient transfer of marketable rights may be used as an instrument of transfer of those rights for the purposes of any law or instrument governing or relating to those rights or the marketable securities to which those rights relate.