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Buying & Selling Shares in
Bay & Basin Community Financial Services Limited

1. If you wish to buy or sell shares you need to register your interest by emailing or posting a completed “Register of Interest” form to the Shareholder Secretariat, Geoffrey Ellison, www.Keith.Robinson@bendigoadelaide.com.au (attention Geoffrey Ellison), PO Box 180, Sanctuary Point NSW 2540.

2. The form is available from the Sanctuary Point & Districts Community Bank® branch or from the link below:


Trading Sanctuary Point Shares

Then select “Register Your Interest” from the left hand column.



Note A – Tick the box required on the form to ensure you understand the unique aspects of the model and the necessary privacy requirements.
Note B – Warnings on the site are given regarding security issues over emailing the form via the internet.

3. The Secretary will notify Bendigo Bank Web Services and your interest will be added to the Sanctuary Point & Districts Community Bank® Trading Shares – Register of Interested Parties section on the website. This is a kind of electronic notice board for easy access by interested parties.

4. The Secretary will notify you via mail of the ID number of your registered interest.

5. The Secretary reviews the Register of Interest to identify potential buyers/sellers.

Note C – The Bay & Basin Community Financial Services Limited Board is not involved in setting the price of any share trade.

6. Interested investors are advised of possible counterparties by the Secretary and contact details are provided.
(this will only occur where privacy consent is provided: see 1. Note A above).

7. You as, the Buyer/Seller then contact the counterparty to negotiate the sale/purchase of shares.

8. The Buyer obtains the Share Purchase Form from the website or the branch and completes the details in conjunction with the seller and submits this to Secretary for Bay & Basin Community Financial Services Limited Board approval.

Note D – the Company’s constitution contains limits on shareholdings and provides for the Board to have discretion to refuse to permit a transfer of shares.

9. The Board reviews the Share Purchase Form and approves/declines the trade. The Board then notifies the buyer and seller of their decision via mail.

10. If the trade receives Board approval, the Buyer pays the seller with no involvement from the Bay & Basin Community Financial Services Limited. The Buyer lodges a Security Transfer Form (obtained from the website or the branch) with the Secretary.

Note E – Stamp Duty may be payable by the Buyer. The Bay & Basin Community Financial Services Limited.
Certificate of Incorporation advises that this company is registered in New South Wales. It is the buyers responsibility to ascertain whether Stamp Duty is payable by checking with the New South Wales Revenue Office on 0413 201620 or at Keith.Robinson@bendigoadelaide.com.au (attention: Geoffrey Ellison). If Stamp Duty is payable, buyer must pay the Stamp Duty & get the Security Transfer Form stamped prior to lodging with the Bay & Basin Community Financial Services Limited Secretary.

11. On receipt of the Security Transfer Form, the Secretary arranges the issue of a share certificate to the buyer.



Further information can be obtained by contacting;
Geoffrey Ellison, Shareholder Secretariat, Bay & Basin Community Financial Services
Limited on 0413 201620.


LVM Share Trading Process Flow Chart
Click Here




This Page Last Updated on 22nd August 2017


"About the bay and basin" is a community service provided by Bay & Basin Community Financial Services Limited ABN 62 105 756 063
Franchise Partner of Bendigo & Adelaide Bank Limited ABN 11 068 049 178 AFSL 237879
For the Operation of Sanctuary Point & Districts Community Bank ®