Northern Territory Consolidated Regulations Northern Territory Consolidated Regulations(1) Subject to regulation 26, stock may be transferred from one person to another by an instrument of transfer and acceptance, in a form approved by the Corporation, signed by both parties and lodged at the registry.
(2) Each signature on an instrument referred to in subregulation (1) is to be verified in a manner approved by the Corporation.
(3) On the lodgement of the instrument referred to in subregulation (1), the Registrar is to:
(a) where the transferor's name is inscribed in the register, cancel the inscription in the register of the stock in the name of the transferor; and
(b) inscribe the stock in the register in the name of the transferee.