Commonwealth Repealed Acts

This legislation has been repealed.

CORPORATIONS LAW- SECT 28 Dealing in futures contracts, through intermediaries, on futures markets

(1)

This section has effect where a person acquires, disposes of, or otherwise deals in, a futures contract on a futures market and by virtue of:

(a)

an application of section 26; or

(b)

an application of section 26 and an application or applications of section 27;

another person:

(c)

is also deemed to acquire, dispose of, or deal in, the futures contract; or

(d)

is deemed to acquire, dispose of, or deal in, the futures contract on a third person's behalf.

(2)

The other person shall be deemed to acquire, dispose of, or deal in, the futures contract on that futures market, or on the third person's behalf on that futures market, as the case may be.