(1) Despite any law of a State or Territory in this jurisdiction about gaming or wagering:

(a)

a person may enter into an option contract on:

(i)

a stock market of a securities exchange; or

(ii)

an exempt stock market; 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 relevant agreement of a kind prescribed for the purposes of paragraph 92A(1)(b); and

(b)

the agreement is valid and enforceable.