State Energy Commission (Bearer Debenture and Inscribed Stock) Regulations 1980

11/Nov/1998 - Current (at 31 Dec 2005)
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    33. Books to be closed, and ledgers balanced

    (1) A transaction relating to stock shall not, without the consent of the Registrar, be registered or dealt with within 14 days prior to the date upon which interest is due or within one month prior to the date of maturity of the stock, and the Stock Ledger shall be deemed to be closed during that period.

    (2) During the period for which the Stock Ledger is deemed to be closed the Commission shall cause the amount of the stock respectively standing to the credit of the several registered owners thereof to be ascertained and the balances to be struck and carried forward in the appropriate registers, and the persons who on the day the registers are so closed are inscribed as holders of stock shall be entitled to receive the interest next payable thereon.

    Commission may sell or purchase stock

Note: This is not an authorised version. The only authorised version is the hardcopy (printed) version published under authority of the Government Printer, available from the State Law Publisher, 10 William St Perth W.A. 6000.