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DUTIES ACT 2001 - SECT 486
Saving of title—marketable securities and units in unit trust
486 Saving of title—marketable securities and units in unit trust
The right
or title of the transferee or subsequent holder of a marketable security or
unit in a unit trust, other than a public unit trust, is not invalidated
merely because the instrument that effects or evidences the transaction,
acquisition or surrender was recorded in contravention of section 484 or 485 .
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