Commonwealth Numbered Acts

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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 84

Own account dealings and transactions: securities
84. A person deals in, or enters into a transaction of sale or purchase of,
securities on the person's own account if, and only if, the person deals in
the securities, or enters into the transaction, as principal or on behalf of:
(a) in any case-an associate of the person;

   (b)  in any case a body corporate in which the person has a controlling
        interest; or

   (c)  if the person carries on a securities business in partnership a body
        corporate in which the person's interest and the interests of the
        other partners together constitute a controlling interest. 


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