Commonwealth Numbered Regulations

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CORPORATIONS REGULATIONS 2001 2001 No. 193 - REG 1.2.25

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

(a)
by omitting the definition of bought position and substituting:

` bought position , in relation to a deliverable share futures contract, means the position where, under the contract, a person has a Chapter 8 obligation to accept a transfer of shares in accordance with the contract;'; and

(b)
by omitting the definition of sold position and substituting:

` sold position , in relation to a deliverable share futures contract, means the position where, under the contract, a person has a Chapter 8 obligation to transfer shares in accordance with the contract;'.


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