Corporations Regulations 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.11 - TITLE AND TRANSFER  

Division 1 - Preliminary  

REGULATION 7.11.01  

7.11.01   DEFINITIONS  

In this Part:

associate
, in relation to a broker or participant, means:

(a) if the broker or participant:

(i) is a member of a firm of brokers or participants; and

(ii) is not a broker ' s agent or a participant ' s agent;

any other member of the firm; or

(b) if:

(i) the broker or participant is the agent or employee of another broker or participant; and

(ii) the other broker or participant is not a member of a firm of brokers or participants;

the other broker or participant; or

(c) if:

(i) the broker or participant is the agent or employee of another broker or participant; and

(ii) the other broker or participant is a member of a firm of brokers or participants;

any member of that firm.

ASTC subregister
means a subregister of Division 4 financial products maintained in accordance with the ASTC operating rules.

beneficial owner
, in relation to Division 3 securities, means a person for whom a licensed trustee company, a Public Trustee of a State or Territory, or a company listed in Schedule 9 holds (whether alone or together with any other person or persons) the Division 3 securities in trust in the ordinary course of its business.

broker
means an Australian financial services licensee who is a participant of a financial market.

broker ' s agent
means:

(a) the agent of a broker; or

(b) the employee of a broker.

company
(Repealed by FRLI No F2023L01458, Sch 1 [ 269] (effective 1 November 2023).)

duly completed
, in relation to a transfer document, includes the requirements set out in regulation 7.11.05 .

duly completed Part 1
means a transfer document that has been duly completed in accordance with Part 1 of Form 1, 2, 3, 5, 6 or 7.

execution time
, in relation to a transfer document, means:

(a) for a sufficient transfer under regulation 7.11.11 - the time when the transfer document was stamped with a stamp purporting to be that of the transferee ' s broker; and

(b) for a sufficient transfer under regulation 7.11.12 or 7.11.13 - the time when the transfer document was executed by the transferor.

identification code
, in relation to a participant, means a code that, for the purposes of the ASTC operating rules, is:

(a) the participant ' s identification code; or

(b) one of its identification codes.

in accordance with
includes to the effect of.

issuer of a Division 4 financial product
means:

(a) the issuer in relation to the product; or

(b) any other person identified as an issuer, or treated as an issuer, under the ASTC operating rules.

market licensee
, in relation to securities specified in a transfer document, means the market licensee that operates the market for the securities.