A person must not, in this jurisdiction or elsewhere, include a member organisation's identification code in a document that may be used to effect a proper SCH transfer unless:

(a)

the person:

(i)

is the member organisation or, if it is a partnership, is a partner in the member organisation; or

(ii)

is authorised so to include the identification code by the member organisation; and

(b)

if:

(i)

the identification code is so included as the identification code of the member organisation effecting the transfer; and

(ii)

the member organisation is not the transferor;

the member organisation is, apart from the effect of section 1109B, authorised by the transferor to effect the transfer.