THE CORPORATIONS LAW
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW 82 The Corporations Law is as follows:...
CHAPTER 1 - INTRODUCTORY
PART 1.2 - INTERPRETATION
Division 4 - Dealing in futures contracts
SECTION 24 DISPOSING OF A FUTURES CONTRACT 24(1) [Disposal of futures contract] A person disposes of a futures contract (other than a futures option or an eligible exchange-traded option) if, and only if, the person takes, or causes to be taken, such action as closes out the futures contract, whether or not the action is taken on another's behalf. 24(2) [Futures option or eligible exchange-traded option] A person disposes of a futures option or an eligible exchange-traded option if, and only if, the person: (a) grants, assigns or exercises the option; (b) takes, or causes to be taken, such action as releases the option; or (c) allows the option to lapse; whether or not on another's behalf. 24(3) [Sections 26 and 27] This section has effect subject to sections 26 and 27.This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.