Northern Territory Treasury Corporation Inscribed Stock Regulations 1998

In these Regulations, unless the contrary intention appears:

authorised signatory means a person authorised to sign on behalf of an owner of stock by an instrument lodged with the registrar under regulations 12.

convert, in relation to stock, means to reinvest the principal due to be paid in respect of maturing stock into another issue.

interstate agent means a person, in a State or another Territory of the Commonwealth, appointed by the Corporation to perform in the State or Territory activities of the registrar.

joint owner, in relation to stock, means a person inscribed in a register in accordance with regulation 10(3)(b).

maturity date means the day on which stock matures and the principal is repayable by the Corporation to the owner of the stock.

minor means:

(b) where another age is specified in a prospectus to be the age at which a person ceases to be a minor, in relation to the stock to which that prospectus relates, a person who has not attained that age.

owner, in relation to stock, means the person whose name is inscribed in the register as the owner of the stock, and includes a joint owner.

principal, in relation to stock, means:

(b) in respect of stock repaid on a credit foncier basis, the value of stock outstanding at the date on which the stock is redeemed.

register means the register established under regulation 3(1)(a).

registrar means the registrar appointed under regulation 4(1).

registry means the office premises established and maintained under regulation 3(1)(b).

stock means inscribed stock of the Corporation.

Part 2 Establishment of register of inscribed stock