THE CORPORATIONS LAW

CHAPTER 8 - THE FUTURES INDUSTRY

PART 8.7 - OFFENCES

Division 1 - Insider dealing

SECTION 1256   PROHIBITIONS WHERE DEALING PRECLUDED  

1256(1)  [Dealing prohibited]  

A person must not, while precluded from dealing in a futures contract, deal in that futures contract.

1256(2)  [Communication of information prohibited]  

A person who, because of having particular information, is precluded from dealing in a futures contract, must not, while so precluded, communicate the information to another person if the first-mentioned person knows, or ought reasonably to know, that the other person will make use of the information for the purpose of dealing in that futures contract.




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