Notice of refusal to register transfer
10.2.109 Notice of refusal to register transfer
This regulation applies if:
a company refused, under section 1093 of the old Corporations Act, to register:
a transfer of shares in the company; or
a transfer of debentures of the company; or
a transfer of interests made available by the company; and
the company did not send the transferee the notice required under that section before the FSR commencement; and
the 2 month period mentioned in that section had not expired before the FSR commencement.
Section 1093 of the old Corporations Act, and any associated provisions, continue to apply to the extent necessary to allow for:
the completion of the company’s obligations within the 2 month period; and
the consequences of not completing the obligations within the 2 month period.
This Act’s bill:Explanatory statement
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