Northern Territory Consolidated Regulations Northern Territory Consolidated Regulations(1) Subject to subregulations (2) and (3), a person:
(a) whose name is inscribed in the register as the owner of stock; or
(b) who elects under regulation 24 to transfer stock,
may transfer stock in accordance with these Regulations and may give receipts for money paid to him or her by way of consideration for stock.
(2) Stock inscribed in the name of a minor as a joint owner with one or more adults is not to be transferred until the coming of age or death of the minor, except as ordered by a Judge of the Supreme Court or the Supreme Court of a State or another Territory of the Commonwealth.
(3) The owner of stock may only transfer stock having a face value or more than $100.