Company investments must be held in the company's own name, with limited nominee, bank and depository exceptions. Companies must hold investments in their own name, with limited exceptions for nominee holdings for subsidiaries, deposits with bankers to collect dividends, transfers to banks to facilitate transfer (subject to re transfer within six months if no transfer occurs), security for loans, and holdings in the name of a depository where the company is the beneficial owner. When investments are held in depository name, the company must maintain a prescribed register open to inspection by members and debenture holders subject to reasonable restrictions; failure to comply attracts monetary penalties on the company and officers in default.