Commonwealth Consolidated Regulations

CORPORATIONS REGULATIONS 2001 - REG 7.11.41

    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.