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Commonwealth Inscribed Stock Act 1911
20Preservation of equitable interests
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20 Preservation of equitable interests
Without prejudice to the provisions of this Act relating to the transfer of the legal interests in stock and notice of trusts, it is the intention of this Act that equitable interests may be enforced against the owners of legal interests in stock in the same way as equitable interests may be enforced against the owners of legal interests in other personal property.