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Companies Act 1967 · s 130
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Companies Act 1967 · s 130
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
Despite anything in its constitution, a public company must not register a transfer of shares or debentures unless a proper instrument of transfer has been delivered to the company, but this subsection does not affect any power to register as a shareholder or debenture holder any person to whom the right to any shares in or debentures of the company has been transmitted by operation of law.
Where there has been a transfer of shares, a public company may lodge with the Registrar a notice of that transfer of shares in the prescribed form.
The notice must state —
every other transfer of shares effected prior to the date of the notice, other than a transfer that has been previously notified to the Registrar; or
the prescribed information in relation to the shares held by each of the 50 members who hold the most number of shares in the public company after the transfer.