Commonwealth Numbered Acts

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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 778

Gaming and wagering laws not applicable to certain option contracts 
778. Nothing in an Australian law relating to gaming or wagering prevents the
entering into of, or affects the validity or enforceability of:

   (a)  an option contract entered into on a stock market of a securities
        exchange or on an exempt stock market conducted by a corporation; or

   (b)  an option contract that is an eligible security and is entered into on
        a stock market of a securities exchange or on an exempt stock market.

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