THE CORPORATIONS LAW

CHAPTER 7 - SECURITIES

PART 7.5 - DEALERS' FINANCIAL STATEMENTS AND AUDIT

SECTION 862   SECURITIES EXCHANGE TO REPORT TO COMMISSION ON CERTAIN MATTERS  

862(1)  [Securities exchange to lodge report]  

Where, in relation to a dealer who is a member of a securities exchange, the securities exchange becomes aware of a prescribed matter, the securities exchange shall, as soon as practicable after becoming aware of the matter, lodge a written report on the matter and send a copy of the report to the dealer.

862(2)  [Definition of ``prescribed matter'']  

In this section:

``prescribed matter'' , in relation to a dealer, means a matter that, in the opinion of the securities exchange concerned:

(a)  has adversely affected, is adversely affecting or may adversely affect the ability of the dealer to meet the dealer's obligations as a dealer; or

(b)  constitutes or may constitute a contravention of section 856, 866, 867, 868, 869, 870, 871, 872 or 873, or Part 7.7 or of a condition of a licence held by the dealer.