105Registration of transfer of certificates

105 Registration of transfer of certificates

105 Registration of transfer of certificates

(1) An application to register the transfer of a certificate must be made to the Scheme Administrator in the way approved by the Scheme Administrator.

(2) The Scheme Administrator may refuse to register the transfer of a certificate if the proposed transfer would, in the Scheme Administrator’s opinion, contravene the Act, this regulation or the scheme rules.

(3) The Scheme Administrator must give the applicant written notice of the reasons for the refusal of an application.