THE CORPORATIONS LAW

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)

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.




This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.