(1) The Treasurer may:
(a) establish Registries for the inscription of stock within the Commonwealth;
(c) appoint such Registrars of Stock and Deputy Registrars of Stock as he or she thinks necessary.
(2) Any person may be appointed as a Registrar.
(3) To avoid doubt, a person that is:
(a) the operator of a clearing and settlement facility; or
(b) an incorporated company or other body corporate;
may be appointed as a Registrar.
(4) A person who holds office as a Registrar must, in the performance of the functions, or the exercise of the powers, of the holder of the office, comply with any relevant requirements:
(a) contained in the instrument appointing the person to the office; or
(b) contained in any contract or arrangement made, or in any deed of trust or other instrument executed, in connection with the appointment; or
(c) made by the regulations.