Commonwealth Consolidated Acts

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COMMONWEALTH INSCRIBED STOCK ACT 1911 - SECT 24C

Inscription in Stock Ledger of names of transferees of legal interests in stock

  (1)   The regulations may make provision for or in relation to the inscription in a Stock Ledger of the name of the transferee of a legal interest in the stock as the owner of the stock.

  (2)   The provision that may be made by regulations for the purposes of subsection   (1) in relation to the legal interest in stock inscribed in a Stock Ledger that is kept in an electronic form must be provision for the inscription of the legal interest in an electronic form.



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