Section 9 of the Act is modified in relation to its application to deliverable bond futures contracts:

(a)

by omitting the definition of bought position and substituting:

"bought position", in relation to a deliverable bond futures contract, means the position where, under the contract, a person has a Chapter 8 obligation to accept a transfer of a particular quantity of 3 year, or 10 year, Treasury bonds, or a chose in action representing the bonds, in accordance with the contract; and

(b)

by omitting the definition of sold position and substituting:

"sold position", in relation to a deliverable bond futures contract, means the position where, under the contract, a person has a Chapter 8 obligation to transfer a particular quantity of 3 year, or 10 year, Treasury bonds, or a chose in action representing the bonds, in accordance with the contract.

Note
For the definitions of other terms used in this Division, see section 9 of the Act.