TASIn ForceRegulation
Supreme Court Rules 2000
936Stop notice on corporation
Start here
Get a plain-English read of 936
Turn the raw legal text into a practical explanation grounded in Supreme Court Rules 2000.
### 936 Stop notice on corporation
> > (1) A person claiming a beneficial interest in any stock of a corporation, other than stock in Court, may –
> >
> > > > (a) file in a registry –
> > > >
> > > > > > (i) an affidavit in accordance with the prescribed form; and
> > > > >
> > > > > > (ii) a notice in accordance with the prescribed form; and
> > >
> > > > (b) serve an office copy of the affidavit and a sealed copy of the notice on the corporation.
>
> > (2) A claimant may amend the description of the stock referred to in a notice under [subrule (1)](#GS936@Gs1@EN) by filing an amended notice and serving a sealed copy of it on the corporation.
>
> > (3) If a claimant serves an amended notice, service of the notice is taken to have been effected on the day of service of the amended notice.
>
> > (4) An affidavit under [subrule (1)](#GS936@Gs1@EN) is to be endorsed with a note stating –
> >
> > > > (a) the claimant's particulars; and
> > >
> > > > (b) an address to which any notice for the claimant is to be sent.
>
> > (5) The claimant may alter the address specified under [subrule (4)](#GS936@Gs4@EN) by notice to the corporation.
>
> > (6) A notice to a claimant may be served by post addressed to the claimant at the address for service last specified by the claimant under [subrule (4)](#GS936@Gs4@EN) or [(5)](#GS936@Gs5@EN) .
>
> > (7) Service of a notice and affidavit in accordance with [subrule (1)](#GS936@Gs1@EN) prevents any dealing with the relevant stock until the notice is withdrawn or discharged in accordance with this rule.
>
> > (8) A notice under [subrule (1)](#GS936@Gs1@EN) may be –
> >
> > > > (a) withdrawn by the claimant filing and serving on the corporation a notice of withdrawal; or
> > >
> > > > (b) discharged by the Court or a judge on the application of a person claiming to be interested in the relevant stock which has been served on the claimant.
>
> > (9) If an affidavit and notice are served on a corporation and during the time the notice is in force the corporation is requested to register a transfer of the stock to which the notice relates or the payment of any dividend or interest on the stock falls due, the corporation –
> >
> > > > (a) is to serve on the claimant a notice informing the claimant of the request; and
> > >
> > > > (b) except with the authority of the Court or a judge, must not register the transfer or pay the dividend or interest before the expiration of 10 days after the day that notice is served.