THE CORPORATIONS LAW

CHAPTER 7 - SECURITIES

PART 7.2A - THE SECURITIES CLEARING HOUSE

SECTION 779A   INTERPRETATION  

779A    In this Part, unless the contrary intention appears:

``disciplinary proceeding'' , in relation to the securities clearing house, means:

(a)  a proceeding under the SCH business rules that may result in the disciplining of an SCH participant; or

(b)  an appeal under the SCH business rules from such a proceeding;

``disciplining'' , in relation to a person in the person's capacity as an SCH participant, includes, but is not limited to, taking action that has the effect of revoking or suspending the person's status as an SCH participant.