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 7.2A - THE SECURITIES CLEARING HOUSE

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History

Pt 7.2A inserted by No 210 of 1992, s 128 (effective 23 June 1993).

SECTION 779J   PROVISION OF SETTLEMENT FACILITIES NOT A SECURITIES BUSINESS ETC.  

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779J(1)  [Securities business, etc]  

Nothing that the securities clearing house does in the course of, or in connection with, providing facilities for the settlement of transactions constitutes, for the purposes of this Law:

(a)  a securities business; or

(b)  an offer of securities for subscription or purchase; or

(c)  an invitation to subscribe for or buy securities.

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History

S 779J(1) inserted by No 210 of 1992, s 128 (effective 23 June 1993).

779J(2)  [Relevant interests]  

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The securities clearing house does not, for the purposes of this Law, have a relevant interest in a security merely because of its provision of facilities for the settlement of transactions.

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History

S 779J(2) amended by No 156 of 1999, Sch 3, Pt 9 (effective 13 March 2000).

S 779J(2) inserted by No 210 of 1992, s 128 (effective 23 June 1993).

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