Document ID: chunk:federal_register_of_legislation:C2024A00121:section:106
Version: federal_register_of_legislation:C2024A00121
Segment Type: section
Provision Reference: s 106
Character Range: 133320–134512

106  Transfer of certificates
 (1) The registered owner of a REGO certificate may request that the Regulator transfer the certificate to another registered person.
 (2) The request must:
 (a) be in the form approved, in writing, by the Regulator; and
 (b) state the first day on which the other registered person is to be the registered owner of the certificate; and
 (c) meet the requirements (if any) prescribed by the rules.
 (3) On receiving the request, the Regulator must transfer the certificate by updating the register to record:
 (a) that the other registered person is the registered owner of the certificate; and
 (b) the first day on which the other registered person is the registered owner of the certificate.
 (4) However, the Regulator must not transfer the certificate:
 (a) if the other registered person has not agreed, in writing, to the transfer; or
 (b) if the registration of the other registered person is suspended under section 18; or
 (c) in circumstances prescribed by the rules.
 (5) A request under this section cannot be made:
 (a) in relation to a REGO certificate that has been retired; or
 (b) by a person whose registration is suspended under section 18.