This legislation has been repealed.
(1) A person who
becomes entitled to stock by transmission pursuant to these regulations may
either himself be registered as the holder of the stock so transmitted, or
instead of being himself registered may, with the approval of the Registrar,
make such transfer of the stock as the stockholder from whom the same was
transmitted could have made, and the transfer shall be accompanied by such
evidence in proof of the title of the transferor as the Registrar may
reasonably require.
(2) Where the
Registrar is satisfied that stock is inscribed in the name of the person whose
property is required by law to be placed in the hands of the Public Trustee or
of an officer holding a corresponding position in any other State or of any
other officer charged with the duty of administering estates of deceased
persons or missing persons or persons under disability (other than bankruptcy
or insolvency), the Registrar may (notwithstanding the provisions of
regulations 21 and 22 of these regulations) authorise the transmission of
the stock to the name of the Public Trustee, the officer holding a
corresponding position, or other officer, and the Registrar may, if he so
desires, require a sufficient indemnity from the Public Trustee, the officer
holding a corresponding position, or other officer.