Commonwealth Repealed Acts
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This legislation has been repealed.
CORPORATIONS LAW- SECT 1263
Dissemination of information about illegal transactions
Where:
- (a)
- in this
jurisdiction or elsewhere, a person circulates or disseminates, or authorises
or is concerned in the circulation or dissemination of, any statement or
information to the effect that the price for dealings in futures contracts, or
in a class of futures contracts, on a futures market in this jurisdiction
will, or is likely to, rise or fall or be maintained because of a transaction,
or other act or thing done, in relation to such futures contracts or futures
contracts included in that class, being a transaction, or other act or thing,
that constitutes a contravention of section 1259, 1260, 1261 or 1262;
and
- (b)
- the person, or an associate of the person:
- (i)
- has
entered into such a transaction or done such an act or thing; or
- (ii)
- has received, or expects to receive, directly or indirectly, a
consideration or benefit for circulating or disseminating, or authorising or
being concerned in the circulation or dissemination of, the statement or
information;
the first-mentioned person contravenes this section.
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