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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 1263
Dissemination of information about illegal
transactions Where:
- (a)
- in this jurisdiction or elsewhere, a person
circulates or disseminates, or authorises or is concerned in the circulation
or dissemination of, any statement or information to the effect that the price
for dealings in futures contracts, or in a class of futures contracts, on a
futures market in this jurisdiction will, or is likely to, rise or fall or be
maintained because of a transaction, or other act or thing done, in relation
to such futures contracts or futures contracts included in that class, being a
transaction, or other act or thing, that constitutes a contravention of
section 1259, 1260, 1261 or 1262; and
- (b)
- the person, or an associate of the person:
- (i)
- has entered into such a transaction or done such an act or thing; or
- (ii)
- has received, or expects to receive, directly or indirectly, a
consideration or benefit for circulating or disseminating, or authorising or
being concerned in the circulation or dissemination of, the statement or
information;
the first-mentioned person contravenes this section.
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