Corporations Regulations 2001

CHAPTER 10 - REPEALS, TRANSITIONAL MATTERS AND APPLICATION PROVISIONS  

PART 10.2 - TRANSITIONAL ARRANGEMENTS RELATING TO FINANCIAL SERVICES REFORM LEGISLATION  

Division 21 - Title and transfer  

REGULATION 10.2.113   WHAT IS A SUFFICIENT TRANSFER OF MARKETABLE SECURITIES OR MARKETABLE RIGHTS: GENERAL  

10.2.113(1)   [ Application]  

This regulation applies if the arrangements for the due completion of a document, to make the document:

(a) a sufficient transfer of marketable securities under subsection 1101(1) of the old Corporations Act; or

(b) a sufficient transfer of marketable rights under subsection 1101(2) of the old Corporations Act;

were not completed before the FSR commencement.

10.2.113(2)   [ Continued application of previous provisions]  

Section 1101 of the old Corporations Act, and any associated provisions, continue to apply to the extent necessary to allow for the document to be duly completed, and treated as a sufficient transfer, in accordance with the relevant arrangements.

10.2.113(3)   [ Document duly completed]  

If the document is duly completed in accordance with the relevant arrangements, the document is also taken to be a sufficient transfer for the purposes of the Act as in force after the FSR commencement.