THE CORPORATIONS LAW

CHAPTER 1 - INTRODUCTORY

PART 1.2 - INTERPRETATION

Division 4 - Dealing in futures contracts

SECTION 28   DEALING IN FUTURES CONTRACTS, THROUGH INTERMEDIARIES, ON FUTURES MARKETS  

28(1)  [Effect of section]  

This section has effect where a person acquires, disposes of, or otherwise deals in, a futures contract on a futures market and by virtue of:

(a)  an application of section 26; or

(b)  an application of section 26 and an application or applications of section 27;

another person:

(c)  is also deemed to acquire, dispose of, or deal in, the futures contract; or

(d)  is deemed to acquire, dispose of, or deal in, the futures contract on a third person's behalf.

28(2)  [Deemed acquisition, disposal, etc]  

The other person shall be deemed to acquire, dispose of, or deal in, the futures contract on that futures market, or on the third person's behalf on that futures market, as the case may be.