Superhero
5.2 Effect of the Nominee Terms
The effect of you agreeing to the Nominee Terms is that the legal owner of any securities you acquire via the Superhero Platform will be Superhero Nominees. You will be the beneficial owner of your securities. Importantly, this means that:
(a) your name will not appear on an entity’s members register (Superhero Nominees will appear on the register instead);
(b) your securities are not held by you separately but in a co-mingled account with securities owned by our other Superhero customers; and
(c) as your name does not appear on an entity’s share registry, you will not receive information directly from that entity (for example, you will not receive a ‘Notice of Annual General Meeting’ from a company you hold shares in)
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