Document ID: chunk:federal_register_of_legislation:C2024C00719:section:24:p2
Version: federal_register_of_legislation:C2024C00719
Segment Type: section
Provision Reference: s 24 (pt 2/2)
Character Range: 96821–97506

who is entitled to the investment instrument; and
 (b) a transfer of the investment instrument may be registered on books maintained for that purpose by or on behalf of the issuer (or the certificate states that a transfer of the instrument may be so registered); and
 (c) any of the following applies:
 (i) the possessor has possession of the certificate;
 (ii) another person (other than the grantor or the debtor) has possession of the certificate on behalf of the possessor;
 (iii) the registered owner (who is not the grantor or debtor) of the investment instrument acknowledges in writing that he, she or it has possession of the investment instrument on behalf of the possessor.