Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:21:p7
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 21 (pt 7/24)
Character Range: 1491689–1494102

CS facility

7.11.10  Application of Division 3
  This Division is made under section 1073D of the Act, and applies to transfers of Division 3 securities effected otherwise than through a prescribed CS facility.

7.11.11  Sufficient transfer: general
 (1) A document is a sufficient transfer of Division 3 assets if it:
 (a) relates to those assets; and
 (b) is duly completed in accordance with the documentation in any of the following subparagraphs:
 (i) Parts 1 and 2 of Form 1;
 (ii) Part 1 of Form 1 and Parts 1 and 2 of Form 2 or Form 3;
 (iii) Parts 1 and 3 of Form 1 and both parts of Form 4;
 (iv) Part 1 of Form 1, Parts 1 and 3 of Form 2 or Form 3 and both parts of Form 4.
 (2) A document is a sufficient transfer of Division 3 rights if it:
 (a) relates to those rights; and
 (b) is duly completed in accordance with the documentation in any of the following subparagraphs:
 (i) Parts 1 and 2 of Form 5;
 (ii) Part 1 of Form 5 and Parts 1 and 2 of Form 6 or Form 7;
 (iii) Parts 1 and 3 of Form 5 and both parts of Form 8;
 (iv) Part 1 of Form 5, Parts 1 and 3 of Form 6 or Form 7 and both parts of Form 8.

7.11.12  Sufficient transfer of Division 3 assets: licensed trustee company or Public Trustee of a State or Territory
 (1) This regulation applies to the transfer of Division 3 assets, otherwise than by way of sale, gift or exchange, by:
 (a) a licensed trustee company; or
 (b) a Public Trustee of a State or Territory; or
 (c) a company mentioned in Schedule 9;
whether alone or together with any other person or persons, to the beneficial owner of the Division 3 assets.
 (2) A document is a sufficient transfer of the Division 3 assets if it:
 (a) relates to those assets; and
 (b) is completed in accordance with Form 9.

7.11.13  Sufficient transfer of Division 3 rights: licensed trustee company or Public Trustee of a State or Territory
 (1) This regulation applies to the transfer of Division 3 rights, otherwise than by way of sale, gift or exchange, by:
 (a) a licensed trustee company; or
 (b) a Public Trustee of a State or Territory; or
 (c) a company mentioned in Schedule 9;
whether alone or together with any other person or persons, in favour of the beneficial owner of those rights.
 (2) A document is a sufficient transfer of the Division 3 rights if it:
 (a) relates to those rights; and
 (b) is completed in accordance with Form 10.

7.11.14  Sufficient transfer
 (1) A