CTHRepealedLegislation
Commonwealth Inscribed Stock Regulations
12Re-payment of principal where stock inscribed in names of infant and adult
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12 Re-payment of principal where stock inscribed in names of infant and adult
(1) Where stock is inscribed in the name of an infant jointly with one or more other persons, the principal may, if the infant has attained the age of fourteen years, be paid to the infant jointly with the other person or persons in whose names the stock is inscribed.
(2) Where the infant has not attained the age of fourteen years the principal may be paid to the infant’s parent or guardian jointly with the other person or persons in whose names the stock is inscribed.