Northern Territory Consolidated Regulations Northern Territory Consolidated Regulations(1) The Corporation may purchase stock that has been issued and may resell or cancel that stock.
(2) A delegate of the Corporation acting within the terms of his or her delegation may request a transfer of the stock of the Corporation.
(3) The registrar is not required to act on a request under subregulation (2) unless a specimen signature of the delegate has been lodged with the registrar under subregulation (4).
(4) A delegate of the Corporation for the purposes of subregulation (1) is to lodge his or her specimen signature, attested to by the Corporation, with the registrar.