Commonwealth Consolidated Regulations

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Inclusion of identification codes in proper ASTC transfers

                   A person must not include a participant's identification code in a document that may be used to effect a proper ASTC transfer unless:

                     (a)  the person:

                              (i)  is the participant; or

                             (ii)  is authorised so to include the identification code by the participant; and

                     (b)  if:

                              (i)  the identification code is so included as the identification code of the participant effecting the transfer; and

                             (ii)  the participant is not the transferor;

                            the participant is, apart from the effect of regulation 7.11.26, authorised by the transferor to effect the transfer.

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