Commonwealth Numbered Acts

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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 40

Exclusions: instructions to securities dealer to dispose of share
40. A relevant interest of a person in a share shall be disregarded if the
person's ordinary business includes dealing in securities and the person has
authority to exercise powers as the holder of the relevant interest only
because of instructions given to the person, by or on behalf of another
person, to dispose of the share on the other person's behalf in the ordinary
course of that business. 


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