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 7 - SECURITIES
PART 7.1 - INTERPRETATION
SECTION 761
DEFINITIONS
761
Unless the contrary intention appears:
``authority''
, in relation to a government, includes an instrumentality or agency;
``business rules''
, in relation to a body corporate, means:
(a)
in the case of a body corporate that conducts, or proposes to conduct, a stock market - any rules, regulations or
by-laws that are made by the body corporate, or that are contained in its
constitution, and that govern:
(i) the activities or conduct of that stock market; or
(ii) the activities or conduct of persons in relation to that stock
market;
other than rules, regulations or by-laws that are listing rules of
the body corporate; and
(b)
otherwise - the provisions of the constitution of the body
corporate and any other rules, regulations or by-laws made by the body
corporate;
History
Definition of ``business rules'' amended by No 199 of 1997, Sch 1
(effective 16 December 1997).
``comply with''
, in relation to the business rules or listing rules of a securities
exchange, includes give effect to those rules;
``eligible exchange''
means:
(a)
the Exchange; or
(b)
a securities exchange that is neither the Exchange nor an Exchange
subsidiary;
``listing rules''
, in relation to a body corporate that conducts, or proposes to
conduct, a stock market, means rules, regulations or by-laws governing or
relating to:
(a)
the admission to, or removal from, the official list of the body
corporate of bodies corporate, governments, unincorporate bodies or other
persons for the purpose of the quotation on the stock market of the body
corporate of securities of bodies corporate, governments, unincorporate bodies
or other persons and for other purposes; or
(b)
the activities or conduct of bodies corporate, governments,
unincorporate bodies and other persons who are admitted to that list;
whether those rules, regulations or by-laws:
(c)
are made by the body corporate or are contained in the constitution of
the body corporate; or
(d)
are made by another person and adopted by the body corporate;
``marketable parcel''
, in relation to securities that are listed for quotation on the stock
market of a securities exchange, means a marketable parcel of those securities
within the meaning of the relevant business rules or listing rules of that
securities exchange;
``odd lot''
has the meaning given by section
763;
``participating exchange''
means an eligible exchange that is a member of SEGC;
``shares''
, in relation to a body corporate, includes units in shares in the
body;
``trading day''
, in relation to a stock exchange, means:
(a)
in the case of the Exchange - a day on which a stock market of an
Exchange subsidiary; or
(b)
in any case - a day on which a stock market of the stock exchange;
is open for trading in securities;
``trust account''
, in relation to a person, means, in the case of a person who holds,
or has at any time held, a dealers licence, an account that a condition
existing by virtue of section 866 provides or provided for the person to
maintain.