Western Australian Consolidated Regulations

WESTERN AUSTRALIAN TREASURY CORPORATION (DEBT PAPER) REGULATIONS 1986 - REG 39

39 .         Provision for lost or destroyed stock certificates, registered bonds, bearer securities or interest coupons

        (1)         If the registrar is satisfied that any stock certificate of a number and sum specified by the claimant has been lost or destroyed, the registrar may cause a new stock certificate to be issued.

        (2)         A stock certificate issued under subregulation (1) shall be — 

            (a)         annotated as having been issued in lieu of;

            (b)         have the like currency or effect as; and

            (c)         bear the same date, principal sum and amount or rate of interest as,

                the lost or destroyed stock certificate.

        (3)         The registrar may require the claimant to — 

            (a)         undertake to return to the Corporation any document that has been lost and is found after the issue of a replacement under this regulation; and

            (b)         give such security to the Corporation as the registrar considers sufficient to indemnify the Corporation against double payment.

        [Regulation 39 amended in Gazette 10 Nov 1998 p. 6166.]