Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023 (76 of 2023)

Schedule 2   ALRC Financial Services Interim Report: single glossary of defined terms

Part 1   Amendments

Division 9   Terms relating to financial services and markets

Corporations Act 2001

245   Section 9

Insert:

manages financial risk has the meaning given by section 763C.

margin call :

(a) in relation to a standard margin lending facility - has the meaning given by subsection 761EA(4); and

(b) in relation to a non-standard margin lending facility - has the meaning given by subsection 761EA(7); and

(c) in relation to a facility that ASIC has declared to be a margin lending facility under subsection 761EA(8) - has the meaning given in the declaration.

margin lending facility has the meaning given by subsection 761EA(1).

market , in relation to an Australian market licence, has a meaning affected by section 795E.

Note: See also makes a market .