THE CORPORATIONS LAW

CCH Note: Part 13 of the Corporations Act 1989, inserted by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as follows:

PART 13 - THE CORPORATIONS LAW

THE CORPORATIONS LAW   82 

The Corporations Law is as follows:...

CHAPTER 7 - SECURITIES

PART 7.11 - CONDUCT IN RELATION TO SECURITIES

CCH Note: Div 1 of Part 7.11 (sec 994) repealed by No 156 of 1999, Sch 3, Pt 1 (effective 13 March 2000).

Division 2A - Insider trading

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History

Div 2A of Pt 7.11 inserted by No 110 of 1991, Sch 4 (effective 1 August 1991).

SECTION 1002E   INFORMATION IN POSSESSION OF OFFICER OF BODY CORPORATE  

1002E    For the purposes of this Division and section 1013:

(a)  a body corporate is taken to possess any information which an officer of the body corporate possesses and which came into his or her possession in the course of the performance of duties as such an officer; and

(b)  if an officer of a body corporate knows or ought reasonably to know any matter or thing because he or she is an officer of the body corporate, it is to be presumed that the body corporate knows or ought reasonably to know that matter or thing.

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History

S 1002E inserted by No 110 of 1991, Sch 4 (effective 1 August 1991).

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