CORPORATIONS ACT 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.11 - TITLE AND TRANSFER  

Division 2 - Transfer of certain securities  

Subdivision A - General provisions  

SECTION 1071C   OCCUPATION NEED NOT APPEAR IN TRANSFER DOCUMENT, REGISTER ETC.  

1071C(1)   [ Occupation need not be stated]  

A document transferring securities need not state the occupation of the transferor or transferee and, if it is signed by a person, the signature need not be witnessed.

1071C(2)   [ Paramountcy]  

Subsection (1) applies despite anything in:


(a) the constitution of:


(i) a company; or

(ii) a body referred to in paragraph 1073C (a) or (b); or


(b) the terms and conditions on which securities are created or issued.

1071C(3)   [ No breach of law, etc]  

The omission from a register, certificate, document transferring securities or other document relating to a security, of a statement of the occupation of a person who is, or is entitled to be, registered as the holder of the security does not breach any law, constitution, trust deed or other document relating to the securities.


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