Document ID: chunk:federal_register_of_legislation:C2004A01041:clause:1b_121
Version: federal_register_of_legislation:C2004A01041
Segment Type: clause
Provision Reference: sch 1B cl 121
Character Range: 173573–174231

121  Certificates in relation to shares etc.

  Where:
 (a) a newly registered organisation becomes, under this Division, the holder of a share, debenture or interest in a company; and
 (b) a certificate that:
 (i) is signed by an authorised person; and
 (ii) identifies the share, debenture or interest; and
 (iii) states that the newly registered organisation has become, under this Division, the holder of the share, debenture or interest;
  is delivered to the company;
the company must take all steps necessary to register or record the matter in the same way as transfers of shares, debentures or interests in the company are registered or recorded.