THE CORPORATIONS LAW

CHAPTER 1 - INTRODUCTORY

PART 1.2A - DISCLOSING ENTITIES

Division 2 - Definitions

SECTION 111AE   SECURITIES QUOTED ON A STOCK MARKET  

111AE(1)  [ED securities quoted on stock market]  

Securities in a class of securities of a body are ED securities if securities in that class are quoted on a stock market of a securities exchange.

111AE(2)  [Commonwealth bodies]  

Subsection (1) does not apply to securities of a body if:

(a)  the body is a public authority of the Commonwealth or an instrumentality or agency of the Crown in right of the Commonwealth; and

(b)  the only securities of the body that are quoted as mentioned in subsection (1) are debentures; and

(c)  both the repayment of principal, and the payment of interest, in respect of those debentures is guaranteed by the Commonwealth.

111AE(3)  [State or Territory bodies]  

Subsection (1) does not apply to securities of a body that is:

(a)  a public authority of a State or Territory; or

(b)  an instrumentality or agency of the Crown in right of a State or Territory.


 

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