64Transfers to be entered in Credit Register

64 Transfers to be entered in Credit Register

64 Transfers to be entered in Credit Register

(1) A transfer of a credit does not take effect until it is entered in the Credit Register, in accordance with such arrangements for the entry of transactions as may be approved by the EPA from time to time.

(2) After a transfer of a credit is entered in the Credit Register:

(a) the transferee becomes the holder of the credit, in respect of the block or blocks concerned, and

(b) the transferor ceases to be the holder of the credit, in respect of the block or blocks concerned.

(3) The following information, in relation to a credit transfer, is to be entered in the Credit Register (in accordance with the arrangements referred to in subclause (1)):

(a) the names of the transferor and the transferee,

(b) the date and time at which the transfer occurred,

(c) the number of credits transferred and the blocks to which the transfer applies,

(d) such other particulars as the Registrar considers appropriate.

cl 64: Am 2016 (775), Sch 1 [54].