Commonwealth Repealed Acts
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This legislation has been repealed.
CORPORATIONS LAW- SECT 1259
Futures market manipulation
A person must not, in this jurisdiction or elsewhere, take part in, be
concerned in, or carry out, whether directly or indirectly:
- (a)
- a transaction (whether a dealing in a futures
contract or not) that has, is intended to have, or is likely to have;
or
- (b)
- 2 or more transactions (whether any of them is a dealing in a
futures contract or not) that have, are intended to have, or are likely to
have:
the effect of:
- (c)
- creating an artificial price for dealings in futures contracts on
a futures market in this jurisdiction; or
- (d)
- maintaining at a level that is artificial (whether or not it was
previously artificial) a price for dealings in futures contracts on a futures
market in this jurisdiction.
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