Victorian Numbered Regulations Victorian Numbered Regulations(1) Stocks may not be allotted or transferred to a minor unless the minor's parent or guardian has given prior written consent to the allotment or transfer.
(2) Payments on stock inscribed in the name of a minor jointly with the names of persons who are not minors may be made—
(a) as directed by those persons who are not minors; and
(b) without the concurrence of the minor upon sufficient proof of the minority being lodged with the registrar.
(3) Payments on inscribed stock and debenture stock inscribed or registered only in the name of a minor otherwise than in a joint account may be made to a parent or guardian of the minor and the receipt of the parent or guardian is a valid discharge.
(4) In this regulation—
"minor" means a person who is under the age of 14 years.