Commonwealth Repealed Acts

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This legislation has been repealed.

CORPORATIONS LAW
- SECT 961A

Nexus between dealer and this jurisdiction

Neither of sections 957 and 958 entitles a person to make a claim unless the dealer was on the day of the unauthorised execution a member of a participating exchange and:

(a)
the dealer was carrying on a securities business in this jurisdiction on that day (whether on his, her or its own account or in partnership); or
(b)
if the dealer was not so carrying on such a business and was not carrying on a securities business in any other jurisdiction on that day—the last securities business that the dealer carried on in a jurisdiction (whether on his, her or its own account or in partnership) before that day was carried on in this jurisdiction.


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