contracts and Chapter 8 agreements (1) Despite any
law of a State or Territory in this jurisdiction about gaming or wagering:
- (a)
- a person may enter into a futures contract:
- (i)
- on a futures market of a futures exchange or of a recognised futures
exchange; or
- (ii)
- on an exempt futures market; or
- (iii)
- as permitted by the business rules of a futures association, of a
futures exchange or of a recognised futures exchange; and
- (b)
- the contract is valid and enforceable.
(2) Despite any law of a State or Territory in this jurisdiction about gaming
or wagering:
- (a)
- a person may enter into a Chapter 8 agreement of a
kind prescribed for the purposes of paragraph 72A(1)(b); and
- (b)
- the agreement is valid and enforceable.