Victorian Consolidated Regulations Victorian Consolidated Regulations(1) Stock may not be allotted or transferred to a minor unless the minor's parent or guardian has given prior written consent to the allotment or transfer.
(2) Payments on stock inscribed in the name of a minor jointly with the names of persons who are not minors may be made—
(a) as directed by those persons who are not minors; and
(b) without the concurrence of the minor upon sufficient proof of the minority being lodged with the registrar.
(3) Payments on stock inscribed only in the name of a minor otherwise than in a joint account may be made to a parent or guardian of the minor and the receipt of the parent or guardian is a valid discharge.
(4) In this regulation—
"minor" means a person who is under the age of 14 years.