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

21/Nov/2003 - Current (at 31 Dec 2005)
Notify me when this title changes.
Full Act - PDF

    30. Marking of Transfer

    (1) Subject to the provisions of subregulation (2), the owner of any stock, or his attorney or agent duly authorised, may, by means of a form approved by the Registrar and lodged at the Registry at which the stock is inscribed, request the Registrar to mark a Transfer which has been properly executed by the owner as transferor with the word }Stock Held Against this Transfer for $ (insert face value) for a period of 3 calendar months from and including (insert date)~, (or words substantially similar thereto) and where a Transfer is so marked the Registrar shall not give effect to any dealing in stock to which the Transfer relates within the period of 3 calendar months from and including the date of marking in respect of the amount of the inscription so marked, except in completion of the marked Transfer.

    (2) Nothing in subregulation (1) shall prevent the owner from surrendering to the Registrar a Transfer so marked for cancellation within the period of 3 calendar months where that form of Transfer has not been executed by a transferee.

    (3) Notwithstanding that a Transfer marked in accordance with this regulation has been executed by a transferee the Transfer and that marking may be cancelled by the Registrar with the consent of both the transferor and the transferee and the Registrar may thereupon give effect to any other dealing in the stock to which the marked Transfer related.

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.