Corporations Amendment Regulations 2004 (No. 3) (26 of 2004)

Schedule 2   Amendments commencing on 11 March 2004

[21]   Subregulation 7.5.06 (3)

substitute

(3) For this Part, an agreement to buy or sell securities, because of the exercise of an option contract over securities, if:

(a) the option contract was entered into on the financial market of a participating market licensee; and

(b) the agreement is required, by the operating rules of OCH or the participating market licensee, to be reported to the participating market licensee;

is taken to be a sale and purchase of securities .