Commonwealth Numbered Regulations

1989 No. 149 TELECOM AUSTRALIA STOCK REGULATIONS - REG 15

15. (1) The owner of stock may, by an instrument of transfer and acceptance,
in accordance with an approved form, executed by both parties and lodged at
the Registry at which the stock is inscribed, transfer stock to the name of
another person in the Stock Ledger at another Registry.

(2) Each signature on an instrument must be verified in a manner approved by
Telecom.

(3) A transfer of stock is to be effected:

   (a)  by cancelling the inscription of the stock in the name of the
        transferor in the Stock Ledger at the first Registry; and

   (b)  by inscribing the stock in the name of the transferee in the Stock
        Ledger at the other Registry.