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Co-operatives National Regulation (Queensland)
sch.6-sec.21Transfer and transmission of CCUs
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sch.6-sec.21 Transfer and transmission of CCUs
Subject to subrule (2) , the transfer and transmission of a CCU is to follow the same process as for a debenture under rule 19 . If the terms of issue of a CCU differ from rule 19 in respect of the manner of transfer or transmission, the terms of its issue prevail. (sch.6-sec.21-ssec.1) Subject to subrule (2) , the transfer and transmission of a CCU is to follow the same process as for a debenture under rule 19 . (sch.6-sec.21-ssec.2) If the terms of issue of a CCU differ from rule 19 in respect of the manner of transfer or transmission, the terms of its issue prevail.