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 1101
WHAT IS A SUFFICIENT TRANSFER OF MARKETABLE SECURITIES OR MARKETABLE RIGHTS: GENERALLY
1101(1)
[Sufficient transfer - generally]
A document is a sufficient transfer of marketable securities if it relates to those securities and is duly completed in accordance with:
(a)
Parts 1 and 2 of Form 1;
(b)
Part 1 of Form 1 and Parts 1 and 2 of Form 2 or 3;
(c)
Parts 1 and 3 of Form 1 and both parts of Form 4; or
(d)
Part 1 of Form 1, Parts 1 and 3 of Form 2 or 3 and both parts of Form 4.
1101(2)
[Duly completed]
A document is a sufficient transfer of marketable rights if it relates to those rights and is duly completed in accordance with:
(a)
Parts 1 and 2 of Form 5;
(b)
Part 1 of Form 5 and Parts 1 and 2 of Form 6 or 7;
(c)
Parts 1 and 3 of Form 5 and both parts of Form 8; or
(d)
Part 1 of Form 5, Parts 1 and 3 of Form 6 or 7 and both parts of Form 8.