Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:21:p3
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 21 (pt 3/24)
Character Range: 1482026–1484736

in subparagraphs (a)(ii) and (iii) are of unpaid claims, and AFCA's fees, for complaints given to AFCA before the accumulation recovery day.

Part 7.11—Title and transfer

Division 1—Preliminary

7.11.01  Definitions
  In this Part:
associate, in relation to a broker or participant, means:
 (a) if the broker or participant:
 (i) is a member of a firm of brokers or participants; and
 (ii) is not a broker's agent or a participant's agent;
  any other member of the firm; or
 (b) if:
 (i) the broker or participant is the agent or employee of another broker or participant; and
 (ii) the other broker or participant is not a member of a firm of brokers or participants;
  the other broker or participant; or
 (c) if:
 (i) the broker or participant is the agent or employee of another broker or participant; and
 (ii) the other broker or participant is a member of a firm of brokers or participants;
  any member of that firm.
ASTC subregister means a subregister of Division 4 financial products maintained in accordance with the ASTC operating rules.
beneficial owner, in relation to Division 3 securities, means a person for whom a licensed trustee company, a Public Trustee of a State or Territory, or a company listed in Schedule 9 holds (whether alone or together with any other person or persons) the Division 3 securities in trust in the ordinary course of its business.
broker means an Australian financial services licensee who is a participant of a financial market.
broker's agent means:
 (a) the agent of a broker; or
 (b) the employee of a broker.
duly completed, in relation to a transfer document, includes the requirements set out in regulation 7.11.05.
duly completed Part 1 means a transfer document that has been duly completed in accordance with Part 1 of Form 1, 2, 3, 5, 6 or 7.
execution time, in relation to a transfer document, means:
 (a) for a sufficient transfer under regulation 7.11.11—the time when the transfer document was stamped with a stamp purporting to be that of the transferee's broker; and
 (b) for a sufficient transfer under regulation 7.11.12 or 7.11.13—the time when the transfer document was executed by the transferor.
identification code, in relation to a participant, means a code that, for the purposes of the ASTC operating rules, is:
 (a) the participant's identification code; or
 (b) one of its identification codes.
in accordance with includes to the effect of.
issuer of a Division 4 financial product means:
 (a) the issuer in relation to the product; or
 (b) any other person identified as an issuer, or treated as an issuer, under the ASTC operating rules.
market licensee, in relation to securities specified in a transfer document, means the market