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 1102
WHAT IS A SUFFICIENT TRANSFER BY AN AUTHORISED TRUSTEE CORPORATION
1102(1)
[Transfer by authorised trustee corporation]
In respect of the transfer of marketable securities, otherwise than by way of sale, gift or exchange, by an authorised trustee corporation (whether alone or together with any other person or persons) to the beneficial owner of the securities, a document is a sufficient transfer if it relates to those securities and is duly completed in accordance with Form 9.
1102(2)
[Transfer of marketable rights by authorised trustee corporation]
In respect of the transfer of marketable rights, otherwise than by way of sale, gift or exchange, by an authorised trustee corporation (whether alone or together with any other person or persons) in favour of the beneficial owner of those rights, a document is a sufficient instrument of transfer if it relates to those rights and is duly completed in accordance with Form 10.