7.11.14
CurrentSufficient transfer
Chapter 7Financial services and markets
Part 7.11Title and transfer
Division 3Transfer of Division 3 securities effected otherwise than through a prescribed CS facility
7.11.14 Sufficient transfer
(1)
A document that is a sufficient transfer of Division 3 assets may be used:
(a)
as a proper instrument of transfer for section 1071B of the Act; and
(b)
as an instrument of transfer for the purposes of any other law or instrument governing or relating to those assets.
(2)
A document that is a sufficient transfer of Division 3 rights may be used as an instrument of transfer of those rights for the purposes of any law or instrument governing or relating to those rights.
This Act’s bill:Explanatory statement
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.