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 C - SCH-regulated transfers

SECTION 1109K   SCH-REGULATED TRANSFER NOT TO BE REGISTERED UNLESS PROPER SCH TRANSFER  

1109K(1)  [No registration unless proper SCH transfer]  

The issuing body in relation to a quoted security or quoted right must not register, or otherwise give effect to, an SCH-regulated transfer of the security or right unless the transfer is a proper SCH transfer.

1109K(2)  [Overriding effect of sec 1109(1)]  

Subsection (1) has effect despite anything in:

(a)  the body's constitution; or

(b)  a deed relating to debentures; or

(c)  the constitution of a registered scheme; or

(d)  a deed relating to interests.




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