Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) For section 1444 of the Act, this regulation applies in relation to a regulated principal.
(2) A reference in the definition of non - broker in section 9 of the old Corporations Act to a futures broker or one of 2 or more persons who together constitute a futures broker includes:
(a) a financial services licensee; and
(b) one of 2 or more persons who together constitute a financial services licensee.