Document ID: chunk:federal_register_of_legislation:C2023C00415:section:19
Version: federal_register_of_legislation:C2023C00415
Segment Type: section
Provision Reference: s 19
Character Range: 14626–15320

19  Protection of Registrar in relation to trusts
 (1) Stock may be inscribed in the name of a trustee in the capacity as a trustee whether as trustee of a specified trust or as trustee without specifying a trust.
 (2) Notwithstanding that stock is inscribed in the name of a trustee in the capacity as a trustee, whether as trustee of a specified trust or as trustee without specifying a trust, the Registrar in the capacity as Registrar:
 (a) is not affected with notice of any trust; and
 (b) is not required to make any inquiries concerning:
 (i) any trust; or
 (ii) the propriety of anything done in relation to stock that is inscribed in the name of a trustee or any part of such stock.