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 D - Miscellaneous
History
Heading inserted by No 210 of 1992, s 166 (effective 23 June
1993).
SECTION 1111
OCCUPATION NEED NOT APPEAR IN TRANSFER DOCUMENT, REGISTER ETC.
1111(1)
[Occupation, witnessing of signature]
A document transferring marketable securities or marketable rights need not state the occupation of the transferor or transferee and, if the document is signed by a person, the signature need not be witnessed.
History
S 1111(1) substituted by No 210 of 1992, s 168 (effective 23 June 1993).
1111(2)
[Overriding effect]
Subsection
(1) applies despite anything in:
(a)
the constitution of an eligible body; or
(b)
the terms and conditions on which marketable securities or marketable rights are created or issued.
1111(3)
[Omission of occupation]
The omission from a register, certificate or other document relating to marketable securities of a statement of the occupation of a person who is, or is entitled to be, registered as the holder of the securities does not breach any law, constitution, trust deed or other document relating to the securities.
History
S 1111(3) amended by No 61 of 1998, Sch 2, Pt 1 (effective 1 July 1998).
View history note
Hide history note