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85: Transfer of shares under approved system
or “Rules for transferring company shares through an approved system”
You could also call this:

“How shares can change hands automatically due to legal requirements”

Shares in a company can be transferred to someone else because of the law, even if the company’s rules say something different. This means that sometimes the law can make shares change hands automatically, without the company being able to stop it. You don’t need to do anything special for this to happen - it just occurs because the law says so.

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Next up: 87: Company to maintain share register

or “Companies must keep a detailed record of all share ownership”
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Part 6 Shares and debentures
Transfer of shares

86Transfer of shares by operation of law

  1. Shares in a company may pass by operation of law notwithstanding the constitution of the company.