(1) This section deals with how particular State and Territory laws apply to a transfer, assignment or giving of a security by a company that is registrable under those laws if:
(2) The transfer, assignment or giving of security is, subject to subsection 273A(3), as valid and effectual as if it had been duly registered under the applicable registration law. (3) The specified laws are the State or Territory laws that are:
Specified laws for the purposes of this section | ||
---|---|---|
Law | Jurisdiction | |
1 | Bills of Sale Act 1898 | New South Wales |
2 | Bills of Sale and Other Instruments Act 1955 Part II | Queensland |
3 | Bills of Sale Act 1886 | South Australia |
4 | Bills of Sale Act 1899 | Western Australia |
5 | Bills of Sale Act 1900 | Tasmania |
6 | Instruments Act 1933 Part III | Australian Capital Territory |
7 | Instruments Act Part II | Northern Territory |
(4) The regulations may provide that a law specified in the table in subsection (3) is not a specified law for the purposes of this section. (5) The specified provisions are the provisions of State or Territory laws that are:
Specified provisions for the purposes of this section | |||
---|---|---|---|
Provisions | Law | Jurisdiction | |
1 | all the provisions | Bills of Sale Act 1899 | New South Wales |
2 | all the provisions | Bills of Sale and Other Instruments Act 1955 Part II | Queensland |
3 | all the provisions | Bills of Sale Act 1886 | South Australia |
4 | all the provisions | Bills of Sale Act 1899 | Western Australia |
5 | all the provisions | Bills of Sale Act 1900 | Tasmania |
6 | all the provisions | Instruments Act 1933 Part III | Australian Capital Territory |
7 | all the provisions | Instruments Act Part II | Northern Territory |
(6) The regulations may provide that a provision specified in the table in subsection (5) is not a specified provision for the purposes of this section.