Victorian Consolidated Regulations

BORROWING AND INVESTMENT POWERS (INSCRIBED STOCK) REGULATIONS 2018 - REG 23

    (1)     The registrar must register a transmission of stock under regulation 22 by taking the following actions—

        (a)     entering a record of the transmission in the stock register;

        (b)     inscribing the name of the person to whom the stock has been transmitted in the stock register as the owner of the stock.

    (2)     After registering a transmission of stock, the registrar must issue a certificate of inscription to the new owner.