Commonwealth Numbered Acts Commonwealth Numbered Acts(1) This Division applies in relation to a transfer of marketable securities or marketable rights despite anything to the contrary in this Act (other than this Division) or in another law or instrument relating to the transfer of the securities or rights. (2) Except as provided in this Division, this Division does not affect the terms and conditions on which marketable securities or marketable rights are sold. (3) Nothing in this Division (other than section 1109L) affects any right of an eligible body to refuse:
(4) The registration of a transfer, or the allotment or issue, of a marketable security by means of a Division 3 transfer does not breach any law, constitution, trust deed or other instrument relating to marketable securities. (5) Nothing in this Division (except section 1109K) prevents or affects the use of:
(6) A transfer of marketable securities or marketable rights by or to a trustee or legal representative may be effected by means of a Division 3 transfer despite any law or the provisions of the instrument (if any) creating, or having effect in relation to, the trust or will under which the trustee or legal representative is appointed.