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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 1109M
Trustees and legal representatives may be SCH participants
(1) A trustee, or a legal representative of a dead person, who, as
trustee or legal representative, holds a quoted security or a quoted right
- subject to the requirements of the SCH business rules, be an SCH
- have the security or right converted into, and hold it in, a form in which
it may be transferred in accordance with the SCH business rules.
(2) Nothing in subsection (1) authorises the trustee or legal
representative to do a thing that the trustee or legal representative is
expressly prohibited from doing by any law or by the terms and conditions on
which he, she or it holds office.
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