Document ID: chunk:federal_register_of_legislation:C2024C00828:section:455
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 455
Character Range: 1250389–1250980

455  Transfer of securities
  If:
 (a) a security is in force in relation to:
 (i) a greenhouse gas assessment permit; or
 (ii) a greenhouse gas holding lease; or
 (iii) a greenhouse gas injection licence; and
 (b) a transfer of the permit, lease or licence is registered under section 530;
then:
 (c) the interest of the transferor in the security is, by force of this section, transferred to the transferee; and
 (d) a document setting out or relating to the security has effect, after the transfer, as if a reference in the document to the transferor were a reference to the transferee.