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 7.1A - THE AUSTRALIAN STOCK EXCHANGE LIMITED

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History

Pt 7.1A inserted by No 199 of 1997, Sch 1 (effective 16 December 1997).

Division 2 - Limitations on holding shares in the Exchange

SECTION 766G   EXCHANGE'S OBLIGATION TO AVOID UNACCEPTABLE OWNERSHIP SITUATION  

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766G(1)  (Exchange to take reasonable steps)  

The Exchange must take all reasonable steps to ensure that an unacceptable ownership situation does not exist in relation to the Exchange.

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S 766G(1) inserted by No 199 of 1997, Sch 1 (effective 16 December 1997).

766G(2)  (Offence)  

If the Exchange knowingly or recklessly contravenes subsection (1), the Exchange is guilty of an offence.

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History

S 766G(2) inserted by No 199 of 1997, Sch 1 (effective 16 December 1997).

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