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CCH Note: Div 1 of Part 7.11 (sec 994) repealed by No 156 of 1999, Sch 3, Pt 1 (effective 13 March 2000).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 1002R   EXCEPTION FOR OFFICERS OR AGENTS OF BODY CORPORATE  

1002R(1)  [One or more transactions or agreements]  

Subject to subsection (2), a person does not contravene subsection 1002G(2) by entering into a transaction or agreement on behalf of a body corporate in relation to securities of another body corporate merely because the person is aware that the first-mentioned body corporate proposes to enter into, or has previously entered into, one or more transactions or agreements in relation to securities of the other body corporate.

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

1002R(2)  [Application of subsec (1)]  

Subsection (1) does not apply unless the person became aware of the matters referred to in that subsection in the course of the performance of duties as an officer of the first-mentioned body corporate or in the course of acting as an agent of the first-mentioned body corporate.

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History

S 1002R(2) inserted by No 110 of 1991, Sch 4 (effective 1 August 1991).

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