CTHRepealedLegislation
Commonwealth Inscribed Stock Regulations
49AIssue of stock in exchange for bearer securities
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49A Issue of stock in exchange for bearer securities
(1) An application for the issue of stock in exchange for bearer securities shall be in accordance with Form 33.
(2) Stock issued in exchange for bearer securities shall be issued on the same terms and conditions (including terms and conditions, if any, as to interest) as those on which the bearer securities were issued.
(3) A Registrar shall issue a receipt in writing for bearer securities lodged with him in exchange for stock and shall keep a record of the receipts so issued.