Commonwealth Numbered Acts

CORPORATE LAW REFORM ACT 1992 No. 210 of 1992 - SECT 129

129. Section 920 of the Corporations Law is amended:
(a) by omitting "participating exchange" (wherever occurring) from the
definition of "clearing nominee" in subsection (1) and substituting

"settlement authority";
(b) by inserting ", under the SCH business rules" after "rules" in the
definition of "obligations" in subsection (1);

   (c)  by omitting "quoted securities, where:" from the definition of

"reportable transaction" in subsection (1) and substituting "securities, where
the securities are quoted on a stock market of a participating exchange or of
an Exchange subsidiary when the agreement for the sale or purchase is made
and:";
(d) by omitting "participating exchange" from the definition of "TDS nominee"
in subsection (1) and substituting "settlement authority";

   (e)  by omitting "participating exchange" (wherever occurring) from the
        definition of "transfer delivery service provisions" in subsection (1)
        and substituting "settlement authority";

   (f)  by omitting from subsection (1) the definition of "quoted securities";

   (g)  by inserting in subsection (1) the following definition:

" 'settlement authority' means a participating exchange or the securities
clearing house;".