Corporations Regulations 2001
CHAPTER 7
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FINANCIAL SERVICES AND MARKETS
PART 7.11
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TITLE AND TRANSFER
Division 5
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Offences
REGULATION 7.11.41
7.11.41
INCLUSION OF IDENTIFICATION CODES IN PROPER ASTC TRANSFERS
A person must not include a participant's identification code in a document that may be used to effect a proper ASTC transfer unless:
(a) the person:
(b) if:
View history note
Hide history note[ CCH Note: Pursuant to the Corporations Amendment Regulations 2001 (No 4) (SR 2001 No 319) effective 11 March 2002, Chapter 7 (Securities) comprising reg 7.1.01 - 7.15.01 and Chapter 8 (The futures industry) comprising reg 8.1.01 - 8.7.03 are replaced by a new Chapter 7 (Financial services and markets) comprising reg 7.1.01 - 7.12.01. As the subject matter of the new Chapter 7 relates to the new financial services reform regime, " inserted " has been used in the history notes for each provision, and all references to the former provisions have been removed.]
A person must not include a participant's identification code in a document that may be used to effect a proper ASTC transfer unless:
(a) the person:
(i) is the participant; or
(ii) is authorised so to include the identification code by the participant; and
(b) if:
(i) the identification code is so included as the identification code of the participant effecting the transfer; and
the participant is, apart from the effect of regulation 7.11.26 , authorised by the transferor to effect the transfer.
(ii) the participant is not the transferor;
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