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s 157

No notice of trust except as provided by this Division

In force
Part 7Shares
Division 4Disclosure and registration of interests in shares

157 No notice of trust except as provided by this Division

Except as provided in this Division —

(a)

no notice of a trust, whether express, implied or constructive, is to be entered on a register or be receivable by the Registrar; and

(b)

no liabilities are affected by anything done under this Division; and

(c)

nothing done under this Division affects a co‑operative with notice of a trust.

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