Commonwealth Numbered Acts

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 771

771. (1) The Minister may by writing declare a specified stock market to be,
subject to any specified conditions, an exempt stock market.

(2) Without limiting the matters to which the Minister may have regard in
considering whether or not to vary or revoke a declaration in force under
subsection (1), he or she may, in so considering, have regard to a breach of a
condition specified in the declaration.

(3) A declaration by the Ministerial Council, under a law corresponding to
subsection (1), of a stock market as an exempt stock market that was in force
immediately before the commencement of this Part has effect as if it were a
declaration by the Minister under that subsection.