Western Australian Consolidated Regulations

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WESTERN AUSTRALIAN TREASURY CORPORATION (DEBT PAPER) REGULATIONS 1986 - REG 29

29 .         Transmissions other than by transfer

        (1)         When stock is to be transferred by transmission in consequence of the death or bankruptcy or insolvency of the registered holder or for any other lawful reason, otherwise than by a transfer, the person to whom the stock is to be transmitted, or his attorney or his duly authorised agent, may, in a form substantially complying with the form approved by the registrar, copies of which may be obtained from the registrar, apply to the registrar to be registered as the holder.

        (2)         An application for transmission shall, if the registrar so requires, be supported by a statutory declaration or other evidence satisfactory to the registrar verifying the contents of that application.

        (3)         The registrar may require the signature of a person who claims a transmission by virtue of his appointment as executor, administrator or trustee to be verified to the satisfaction of the registrar.

        (4)         The probate of the will or letters of administration of the relevant estate or an office copy of the relevant adjudication or order of sequestration or vesting order, as the case requires, or any other document that authorises transmission under this regulation, shall be produced to the registrar, if he so requires.

        (5)         The registrar may require any document produced under this regulation to be left at the registry at least 2 clear days before the transaction to which it relates is to be dealt with under these regulations, and shall enter or cause to be entered particulars of that document in the register.

        (6)         If the registrar is satisfied that stock is registered in the name of a person whose property is required by law to be placed in the hands of the Public Trustee, or of an officer holding a corresponding position in any other State or any Territory or the Commonwealth or of any other officer charged with the duty of administering estates of deceased persons or missing persons or persons under legal disability (other than bankruptcy or insolvency), the registrar may authorise transmission to the name of the Public Trustee, the officer holding a corresponding position or that other officer, but before doing so the registrar may require a sufficient indemnity from the Public Trustee, the officer holding a corresponding position or that other officer.

        [Regulation 29 amended in Gazette 10 Nov 1998 p. 6164‑5.]



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