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 7.13 - TITLE TO, AND TRANSFER OF, SECURITIES

Division 3 - Transfer of marketable securities and marketable rights

Subdivision D - Miscellaneous

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History

Heading inserted by No 210 of 1992, s 166 (effective 23 June 1993).

SECTION 1112D   ISSUER PROTECTED FROM CIVIL LIABILITY FOR BROKER'S CONTRAVENTION OF SCH CERTIFICATE CANCELLATION PROVISIONS  

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1112D    If:

(a)  a broker contravenes the SCH certificate cancellation provisions in relation to particular quoted securities or quoted rights; and

(b)  the issuing body in relation to the securities or rights is not involved in the contravention;

the issuing body is not liable to an action or other proceeding for damages in relation to the broker's contravention.

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History

S 1112D inserted by No 104 of 1994, Sch 2 (effective 15 July 1994).

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