THE CORPORATIONS LAW
CCH Note:
Part 13 of the Corporations Act 1989, inserted
by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as
follows:
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW 82 The Corporations Law is as follows:...
CHAPTER 8 - THE FUTURES INDUSTRY
PART 8.7 - OFFENCES
Division 1 - Insider dealing
SECTION 1255 EXCEPTIONS: LICENSED FUTURES BROKERS 1255 For the purposes of this Part, a person who holds a futures brokers licence is not precluded from dealing in a futures contract concerning a body corporate if: (a) the licensee enters into the dealing as agent for another person pursuant to a specific instruction by that other person to enter into that dealing; (b) the licensee has not given any advice to the other person in relation to dealing in a futures contract concerning the body corporate; and (c) the other person is not, in relation to the dealing, an associate of the licensee.
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