THE CORPORATIONS LAW

CHAPTER 8 - THE FUTURES INDUSTRY

PART 8.2 - FUTURES EXCHANGES, CLEARING HOUSES AND FUTURES ASSOCIATIONS

Division 4 - General

SECTION 1141   GAMING AND WAGERING LAWS NOT APPLICABLE TO CERTAIN FUTURES CONTRACTS AND CHAPTER 8 AGREEMENTS  

1141(1)  [Futures contracts]  

Nothing in a law of this jurisdiction about gaming or wagering prevents the entering into of, or affects the validity or enforceability of, a futures contract made:

(a)  on a futures market of a futures exchange or of a recognised futures exchange; or

(b)  on an exempt futures market; or

(c)  as permitted by the business rules of a futures association, of a futures exchange or of a recognised futures exchange.

1141(2)  [Chapter 8 agreements]  

Nothing in a law of this jurisdiction about gaming or wagering prevents the entering into, or affects the validity or enforceability, of a Chapter 8 agreement of a kind prescribed for the purposes of paragraph 72A(1)(b).