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 8 - THE FUTURES INDUSTRY

PART 8.2 - FUTURES EXCHANGES, CLEARING HOUSES AND FUTURES ASSOCIATIONS

Division 4 - General

SECTION 1141   GAMING AND WAGERING LAWS NOT APPLICABLE TO CERTAIN FUTURES CONTRACTS AND CHAPTER 8 AGREEMENTS  

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1141(1)  [Futures contracts]  

Nothing in a law of this jurisdiction about gaming or wagering prevents the entering into of, or affects the validity or enforceability of, a futures contract made:

(a)  on a futures market of a futures exchange or of a recognised futures exchange; or

(b)  on an exempt futures market; or

(c)  as permitted by the business rules of a futures association, of a futures exchange or of a recognised futures exchange.

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History

S 1141(1) substituted by No 110 of 1990, Sch 1 (effective 18 December 1990).

1141(2)  [Chapter 8 agreements]  

Nothing in a law of this jurisdiction about gaming or wagering prevents the entering into, or affects the validity or enforceability, of a Chapter 8 agreement of a kind prescribed for the purposes of paragraph 72A(1)(b).

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History

S 1141(2) inserted by No 33 of 1995, s 8 (effective 12 April 1995).

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