Commonwealth Inscribed Stock Regulations
58Action on powers of attorney
Start here
Get a plain-English read of 58
Turn the raw legal text into a practical explanation grounded in Commonwealth Inscribed Stock Regulations.
58 Action on powers of attorney
(1) If the Registrar is satisfied that a power of attorney has been properly executed and attested, and that the signatures thereto are genuine, the Registrar may act upon the authority contained therein.
(2) In case of doubt, the Registrar shall forward a notice in writing of intention to act under subregulation (1) to the owner of the stock, and the Registrar shall not act under the power of attorney until he is satisfied that there is no objection thereto.
Part V Miscellaneous