Victorian Numbered Regulations Victorian Numbered Regulations(1) Stock may be registered or inscribed in the name of a trustee in the capacity as trustee of a specified trust or trustee without specifying a trust.
(2) Whether or not stock, or any part of that stock, is registered or inscribed in the name of a trustee, the registrar—
(a) is not affected by notice of any trust; and
(b) is not required to make any inquiries concerning—
(i) any trust; or
(ii) the propriety of anything done in relation to stock or any part of that stock that is registered or inscribed in the name of a trustee.
(3) The registrar must only deal with the person registered or inscribed as owner of the stock and must not take notice of any trust or other beneficial interest that may be claimed by any other person.