COMMONWEALTH INSCRIBED STOCK ACT 1911

Table of Provisions

• Long Title

PART I--PRELIMINARY

• 1 Short title  
• 3 Interpretation  

PART II--CREATION--AND ISSUE OF STOCK

• 3A Authority to borrow  
• 4 Power to create stock  
• 7 Issue of stock  
• 11 When interest to cease  
• 13 Stock personal property  
• 13AA Payment of principal and interest on stock and related amounts connected with depository interests  
• 13A Costs and expenses relating to issue, sale and management of stock and depository interests  
• 13B Costs and expenses incurred in repurchasing or redeeming stock before date of maturity  
• 13C Arrangements etc. relating to stock and depository interests  

PART III--INSCRIPTION--OF STOCK

Division 1--Registries and Registrars

• 14 Establishment of registries and appointment of Registrars  

Division 2--Inscription of stock

• 15 Stock to be inscribed  
• 16 Limit of number of names  
• 17 Stock certificates  
• 18 Owner of legal interest in stock  
• 19 Protection of Registrar in relation to trusts  
• 20 Preservation of equitable interests  
• 21 Stock may not be inscribed in the names of persons under 16 years of age  
• 21A Stock held in official capacity  
• 22 Receipts for interest  
• 22A Inscription in name of Friendly Society or Trade Union  
• 22B Inscription of stock in name of unincorporated associations  

Division 3--Transfers and transmissions

• 23 Transfer to another registry  
• 24 Transfer of stock  
• 24A Transfer of certain interests in stock  
• 24B Record of equitable interests  
• 24C Inscription in Stock Ledger of names of transferees of legal interests in stock  
• 27 Limitations on registration of transactions  
• 28 Transmission application  
• 29 Verification of transmission  
• 30 Registration of transmission of legal interest  

Division 5--Legal provisions

• 43 Orders to be carried into effect  
• 44 Evidence  

PART V--PENAL--PROVISIONS

• 49 False personation  
• 50 Falsification of books or documents  
• 51 Forfeiture of forged documents and illicit forms  

PART VA--TREASURY--BONDS

• 51A Power to make out and issue Treasury Bonds  
• 51B Sale of Treasury Bonds  
• 51BA Breach of terms or conditions of issue of Treasury Bonds  
• 51C Treasury Bills Act to apply to Bonds and other securities  
• 51E Conversion of stock, Treasury Bonds and other securities  
• 51G Treasury Bonds may be repurchased out of war loans  

PART VB--DELEGATIONS--AND AUTHORISATIONS

• 51H Delegation by Governor - General and authorisation by Treasurer  
• 51J Directions by Governor - General and Treasurer  
• 51JA Delegation by Treasurer  

PART VI--MISCELLANEOUS

• 52 Investments in stock  
• 52A Stock certificates etc. not liable to stamp duty  
• 52B Liability of interest to income tax  
• 54 Record of unclaimed interest  
• 55 Forms  
• 56 Powers of attorney  
• 58 Regulations