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CORPORATIONS ACT 2001 - SECT 1074C

Operating rules of prescribed CS facility may deal with transfer of title

             (1)  The operating rules of a prescribed CS facility may deal with the transfer of financial products through the facility.

             (2)  Without limiting subsection (1), the operating rules of a prescribed CS facility may deal with the way in which a financial product may be transferred, including specifying:

                     (a)  the financial products that may be transferred through the facility; and

                     (b)  how financial products are transferred through the facility; and

                     (c)  the person or body (if any) authorised to determine whether a transfer substantially complies with the operating rules of the facility.

             (3)  Nothing in subsection (1) or (2) confers a discretion to deal with a matter in the operating rules of a prescribed CS facility if there is an obligation under section 822A for that matter to be dealt with in those rules.



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