Document ID: chunk:federal_register_of_legislation:F2016L01479:body:0:p3
Version: federal_register_of_legislation:F2016L01479
Segment Type: other
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Character Range: 5423–5920

in relation to, and the holder for the time being of, the rights;";
(d) at the beginning of paragraph 7.11.16(1)(a) insert:
 "at the time (the payment time) at which the transferee subsequently makes payment to the issuer in relation to the Division 3 assets of the application monies or, in the case of company options, the exercise price,";
(e) in paragraphs 7.11.16(1)(a) and (b) and subregulation 7.11.16(2), omit "at the execution time" (wherever occurring), substitute "at the payment time".