Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) This regulation applies if a transfer document:
(a) has been duly completed in accordance with Part 1 of Form 3 or Form 7; and
(b) bears a stamp that purports to be a stamp of a market licensee.
(2) The market licensee is taken to have warranted that:
(a) the statements in the transfer document that purport to be certified by a market licensee are accurate; and
(b) the transferor is:
(i) the registered holder of, or entitled to be registered as the holder of, the Division 3 assets; or
(ii) entitled to the Division 3 rights;
and is legally entitled or authorised to sell or dispose of the Division 3 assets or Division 3 rights.