THE CORPORATIONS LAW

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

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Heading inserted by No 210 of 1992, s 166 (effective 23 June 1993).

SECTION 1111   OCCUPATION NEED NOT APPEAR IN TRANSFER DOCUMENT, REGISTER ETC.  

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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.

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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]  

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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.

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S 1111(3) amended by No 61 of 1998, Sch 2, Pt 1 (effective 1 July 1998).

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