Corporations Regulations 2001

CHAPTER 9 - MISCELLANEOUS  

PART 9.12 - MATTERS RELATING TO REGULATIONS  

REGULATION 9.12.01  

9.12.01   EXEMPTIONS FROM CHAPTER 7  

Subsection 1043A(1) of the Act does not have effect in relation to the following:

(a) the obtaining by a director of a share qualification;

(b) the application for, and acquisition under that application of, financial products of a body corporate by, or by a trustee for, employees of that body, or of a body corporate that is related to the first-mentioned body under a superannuation scheme, pension fund or other scheme established solely or primarily for the benefit of the employees;

(c) a transaction entered into by a person in accordance with his or her obligations under an underwriting agreement;

(d) a person holding the office of:

(i) personal representative of a deceased person; or

(ii) liquidator; or

(iii) trustee under Parts IV, X and XI of the Bankruptcy Act 1966 ;

in respect of a transaction entered into by the person in good faith in the performance of the functions of the office;

(e) a sale of financial products under:

(i) a mortgage or charge of the financial products; or

(ii) a mortgage, charge, pledge or lien of documents of title to the financial products.