(1) The Registrar must promptly register every copy of a trust deed or deed of participation delivered to him or her for registration under this Act.
(2) However, the Registrar must refuse to register a copy of a trust deed or deed of participation if,—
(a) in his or her opinion, it contains any material matter that is not clearly legible; or
(b) the prescribed amount payable on registration is not paid.
(3) The Registrar must, on the registration of a copy of a trust deed or deed of participation under this section, give a certificate of that registration (and the certificate is conclusive evidence that the deed has been registered under this section).
Section 46: substituted, on 1 May 2011, by section 27 of the Securities Amendment Act 2011 (2011 No 6).