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Consultation on request for approval of Austraclear NZ's proposed electronic registry interface under section 7 of the Securities Transfer Act

CONTENTS

Background
Austraclear NZ
Policy Considerations and Preliminary Analysis
Comments sought
Appendix

Introduction
1.0 Overview: ESAS-Austraclear NZ System and Operation

Background

2.0 Overview: Proposed Electronic Transfer System

2.1 Background
2.2 Process Flow: Manual vs. Electronic
2.3 Transaction Transmission
2.4 Transaction Identification
2.5 Transaction Failure