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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 1137

Orderly markets in futures contracts—functions and powers of futures exchanges and clearing houses

(1) A futures exchange, and a clearing house for a futures exchange, must, to the extent that it is reasonably practicable to do so, take all steps, and do all things, necessary to ensure an orderly and fair market for dealings in futures contracts on a futures market of the futures exchange. (2) A futures exchange may, for the purpose of performing its functions under subsection (1), give to a person who is not a member of the futures exchange but in whose name a futures contract entered into on a futures market of the futures exchange is registered a direction:

(a)
to do a particular act or thing; or

(b)
to refrain from doing a particular act or thing.

(3) A person must comply with a direction given to the person in accordance with subsection (2), but a person who contravenes this subsection is not guilty of an offence.



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