Commonwealth Inscribed Stock Act 1911
24ATransfer of certain interests in stock
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24A Transfer of certain interests in stock
(1) The legal interest, and any equitable interests, in any stock may be transferred from one person to another: (a) in accordance with regulations made for the purposes of subsection 24(1); or (b) subject to subsection (2), if the stock is inscribed in a Stock Ledger at a Registry where the Registrar is the operator of a clearing and settlement facility—in any way permitted by the operating rules of the facility (which may, if the operating rules so provide, be a way authorised by the Corporations Act 2001). (2) The Treasurer may, by written notice given to the operator of a clearing and settlement facility, declare that particular operating rules of the facility are not to apply in respect of the transfer of legal or equitable interests in stock.