Western Australian Treasury Corporation (Debt Paper) Amendment Regulations 1998 (WA)
10 November 19981 GOVERNMENT GAZETTE, WA 6159 TY301* Western Australian Treasury Corporation Act 1986
Western Australian Treasury Corporation (Debt
Paper) Amendment Regulations 1998
Made by the Governor in Executive Council.
1. Citation
These regulations may be cited as the Western Australian
Treasury Corporation (Debt Paper) Amendment Regulations
1998.
2. Commencement
These regulations come into operation on the day on which the Western Australian Treasury Corporation Amendment Act 1998 comes into operation.
3. The regulations amended
The amendments in these regulations are to the Western
Australian Treasury Corporation (Debt Paper) Regulations
1986*.
r Published in Gazette 4 August 1986, pp. 2795-81414. Regulation 2 amended
Regulation 2(1) is amended as follows:
(a) by deleting the definitions of "bearer debentures",
"bearer securities", "debenture" and "debenture stock";
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(b) by deleting the definition of "holder" and inserting the
following definition instead -"
"holder", in relation to inscribed stock, means person whose name is recorded as the holder of that stock in the stock ledger, and includes a reference to a
holder in a joint account;
(c)
by deleting the definitions of "interest coupon", "officer of the Corporation" and "registered bond";
(d)
in the definition of "stock", by deleting "a stock ledger, and includes registered bonds but does not include bearer securities;" and inserting instead -
the stock ledger; ";
(e) by deleting the definition of "the Debenture Register"; (f)
in the definition of "transmission", by deleting "a debenture other than a bearer debenture, or of debenture stock, inscribed stock or a registered bond," and inserting instead -
inscribed stock ".
5. Regulation 3 amended
Regulation 3(2) is amended by deleting "Companies (Western place inserting instead -
Corporations Law ".
6. Regulation 4 amended
(1) Regulation 4(1) is amended by deleting "approved by the
Corporation," and inserting instead -
approved by the registrar,
(2) Regulation 4(5) is repealed. 7. Regulation 5 repealed
Regulation 5 is repealed.
8. Regulation 8 amended
(1) Regulation 8(2) is amended as follows:
(a) by deleting "a registry" and inserting instead - the registry ";
(b) by deleting "a stock" and inserting instead -
" the stock ".
(2) Regulation 8(3) is amended by deleting transfers from one
registry to another,".
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(3) Regulation 8(4) is amended by deleting "a stock" and inserting
instead -the stock ".
9. Regulation 9 amended
Regulation 9(6) is amended by deleting "lodge, at the registry at which the stock is then recorded," and inserting instead -
lodge at the registry
10. Regulation 10 amended
(1) Regulation 10(1) is amended as follows:
(a) by deleting "registrar at the registry at which the relevant
stock is recorded," and inserting instead -
66 registrar, "; (b) by deleting "relevant" in the second place where it
occurs.
(2) Regulation 10(2) is amended as follows:
(a) by deleting "by a registry less than 14 days" and inserting instead - 66
at the registry less than 7 days
(b) by deleting "concerned".
11. Regulation 11 amended
(1) Regulation 11(1) and (2) are repealed and the following
subregulation is inserted instead -66
(1) Stock may be registered solely in the name of a minor,
and a minor may transfer stock, but, if the minor has
not attained the age of 14 years, the stock shall not be transferred without the consent of the parent or
guardian of the minor.
(2) Regulation 11(3) is amended as follows:
(a) by deleting "an infant" and inserting instead -
" a minor "; (b) by deleting "the infant." and inserting instead - the minor. ".
(3) Regulation 11(4) is amended as follows:
(a) by deleting "an infant" and inserting instead -
" a minor "; (b)
by deleting "the infant" in each place where it occurs and in each place inserting instead -
the minor ".
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12. Regulation 13 amended
Regulation 13(1) is amended as follows:
(a) by deleting "each registrar" and inserting instead - the registrar ";
(b) by deleting "a stock" and inserting instead - 66 the stock ".
13. Regulation 14 repealed
Regulation 14 is repealed. 14. Regulation 15 amended
Regulation 15(1) is repealed and the following subregulation is inserted instead -
66
(1) A holder, or his attorney or agent duly authorized to the
satisfaction of the registrar, may obtain from the
registrar a certified copy of, or extract from, the stock
ledger relating to his holding.15. Regulation 16 amended
(1) Regulation 16(1) is amended as follows:
(a)
by deleting "stock or debenture stock," and inserting instead -
stock,
(b) by deleting "Corporation" and inserting instead - 64
registrar ";
(c)
by deleting "or debenture" in the second and third places where it occurs.
(2) Regulation 16(2) is amended as follows:
(a)
by deleting "perosn" and inserting instead - " person ";
(b) by deleting "or debenture stock".
(3) Regulation 16(3) is amended by deleting "or debenture stock". (4) Regulation 16(4) is repealed. 16. Regulation 17 amended
Regulation 17(1) is amended by deleting "and registered bonds".
17. Regulation 18 amended
Regulation 18 is amended by deleting "his stock" and inserting instead -
" the stock ".
10 November 19981 GOVERNMENT GAZETTE, WA 6163 18. Regulation 19 amended
Regulation 19(1) is amended by deleting "his stock" and inserting instead -
the stock ".
19. Regulation 20 amended
(1) Regulation 20(1) is amended as follows:
(a) by deleting "a stock" and inserting instead - the stock ";
(b) by deleting "Corporation," and inserting instead - 66
registrar, ".
(2) Regulation 20(3) is amended as follows:
(a)
in paragraph (a), by deleting "his" and inserting instead -
the
(b)
by deleting paragraph (b) and inserting the following paragraph instead -
fig
(b) registering the stock in the stock ledger in the
name of the transferee.
(3) Regulation 20(4) is repealed. (4) Regulation 20(7) is amended by deleting "relevant". 20. Regulation 21 amended
(1) Regulation 21(l) is amended as follows:
(a) by deleting the subregulation designation "(1)"; (b) in paragraph (a), by deleting "14 days" and inserting
instead -
66 7 days
(c)
in paragraph (b), by deleting "one month" and inserting instead -
66 7 days (d) by deleting "relevant".
(2) Regulation 21(2) is repealed. 21. Regulation 22 repealed
Regulation 22 is repealed.
22. Regulation 23 amended
Regulation 23(1) is amended by deleting "registry at which the
stock is recorded," and inserting instead -
16 registry, ".
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23. Regulation 25 repealed
Regulation 25 is repealed.24. Regulation 26 repealed
Regulation 26 is repealed. 25. Regulation 27 amended
(1) Regulation 27(1) is repealed and the following subregulation is inserted instead - 66
(1) A person to whom stock is transmitted may apply to the
registrar to be registered as the holder of the stock, but
the registrar may require that the application be made
by way of a mandate for transmission in a form
approved by the registrar.
(2) Regulation 27(2) is amended as follows: (a) by deleting "relevant";
(b) by deleting "his" and inserting instead - 94 the
26. Regulation 28 amended
(1) Regulation 28(3) is amended by deleting "relevant". (2) Regulation 28(4) is amended as follows: (a) by deleting "relevant";
(b) by deleting "that registrar" and inserting instead - 66 the registrar ".
(3) Regulation 28(5) is amended as follows:
(a) by deleting "relevant"; (b)
in paragraph (b), by deleting "$3 000," and inserting instead -
66 $20 000, (c) by deleting "adminstration" and inserting instead - administration ".
27. Regulation 29 amended
(1) Regulation 29(1) is amended by deleting "Corporation, copies of which may be obtained from a registrar, apply to the registrar
at the registry at which the stock is recorded" and insertinginstead -
66
registrar, copies of which may be obtained from the
registrar, apply to the registrar
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(2) Regulation 29(5) is amended as follows:
(a) by deleting "his" and inserting instead - 66 the ";
(b) by deleting "a register." and inserting instead - the register. ".
28. Regulation 30 amended
(1) Regulation 30(l)(b) is amended as follows:
(a) in subparagraph (ii), by deleting "relevant"; (b)
by deleting "concerned before the relevant" and inserting instead -
before the ".
(2) Regulation 30(3) is amended as follows: in paragraph (a), by deleting "registrar concerned;" and
inserting instead -
66
registrar; ";
in paragraph (b), by deleting "concerned at least
14 days" and inserting instead -
at least 7 days ".
(3) Regulation 3 0(4) is amended as follows:
(a) by deleting "a stock" and inserting instead - the stock ";
(b)
by deleting "appropriate registers, and the persons who on the day those registers are" and inserting instead -
44
register, and the persons who on the day the register is
(4) Regulation 3 0(6) is amended as follows:
(a) by deleting "an infant" and inserting instead - 66 a minor ";
(b) by deleting "the infant" and inserting instead - the minor ".
29. Regulation 31 amended
(1) Regulation 3 1(1) is amended by deleting the subregulation
designation "(1)".(2) Regulation 3 1(2) is repealed.
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30. Regulation 32 amended Regulation 32(4) is repealed.
31. Regulation 33 amended
Regulation 33(1) is amended by deleting "Bearer securities may be paid off, and stock shall be redeemable by payment," and inserting instead —
" Stock shall be redeemable by payment ". 32. Regulation 34 amended
Regulation 34(3) and (4) are amended by deleting "his" in both places where it occurs and inserting in each place instead —
46 the )9. 33. Part VI repealed
Part VI is repealed.34. Regulation 38 amended
Regulation 38 is amended by deleting "certificate, registered bond, bearer security or interest coupon" in the 4 places where it occurs and in each place inserting instead —
" certificate 19.
35. Regulation 39 amended
(1) Regulation 39(1) is repealed and the following subregulation is
inserted instead — Lfi
(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) Regulation 39(2) is amended by deleting "certificate, registered bond, bearer security or interest coupon" in both places where it
occurs and in each place inserting instead —" certificate ". By Command of the Governor,
ROD SPENCER, Clerk of the Executive Council.
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