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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 1255
Exceptions: licensed futures brokers
1255. For the purposes of this Part, an eligible corporation that holds a
futures brokers licence is not precluded from dealing in a futures contract
concerning a body corporate if:
(a) the corporation enters into the dealing as agent for another person
pursuant to a specific instruction by that other person to enter into
that dealing;
(b) the corporation has not given any advice to the other person in
relation to dealing in a futures contract concerning the body
corporate; and
(c) the other person is not, in relation to the dealing, an associate of
the corporation.
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