Commonwealth Numbered Regulations

1992 No. 450 CORPORATIONS REGULATIONS (AMENDMENT) - REG 2

2.1 After regulation 7.3.01, insert: Exemptions from Chapter 7 of the
Corporations Law

"7.3.01A. (1) Divisions 1 and 3 of Part 7.3, Parts 7.5, 7.6 and 7.7 and
section 842 of the Corporations Law do not have effect in relation to a
dealing in securities by the Exchange or an Exchange subsidiary for the
purpose of, or in connection with, providing a facility:

   (a)  under the Exchange's transfer delivery service provisions as defined
        in subsection 920 (1) of the Corporations Law; or

   (b)  for the provision of a guaranteed securities loan as defined in
        subsection 954B (1) of the Corporations Law; or

   (c)  under the provisions of business rules of a kind referred to in
        paragraphs 954N (1) (a) and (b) or 954P (1) (a) and (b) of the
        Corporations Law.

"(2) Section 806 and Part 7.7 of the Corporations Law do not have effect in
relation to an act carried out by:

   (a)  an employee of the Exchange or an Exchange subsidiary; or

   (b)  a person acting for the Exchange or an Exchange subsidiary; or

   (c)  a person acting under an agreement with the Exchange or an Exchange
        subsidiary; for the purposes of a dealing in securities of a kind
        referred to in subregulation (1).".