- (1)
- Chapter 8 of the Act, other than the following provisions of that Chapter,
does not apply to a share ratio contract:
- (a)
- subject to subregulation
(2) sections 1137, 1138, 1205 to 1208 and 1210;
- (b)
- Part 8.7 (except sections 1258 and 1267).
Note
This subregulation is made under subsection 92A (2) of the Act.
- (2)
- For
paragraph (1) (a):
- (a)
- section 1207 applies as if paragraph 1207 (1) (a)
were omitted; and
- (b)
- section 1210 applies as if the words `in the prescribed form' (in
subparagraph 1210 (a) (iii)) were omitted.
- (3)
- The provisions of Chapter 8 of the Act specified in paragraphs (1)
- (a)
- and
(b) apply to a dealing in a share ratio contract as if:
- (a)
- a reference to
a futures advice business were a reference to an investment advice business;
and
- (b)
- a reference to a futures broker were a reference to a dealer; and
- (c)
- a reference to a futures exchange were a reference to a local stock
exchange or an approved securities organisation; and
- (d)
- a reference to a futures market were a reference to a stock market; and
- (e)
- a reference to a clearing house for a futures market or a futures exchange
were a reference to a body corporate that provides facilities for the
registration of share ratio contracts acquired, or disposed of, on a stock
market of a securities exchange.
Subdivision D Miscellaneous