Financial Services Reform Act 2001 (122 of 2001)

Schedule 3   Other miscellaneous amendments

Part 1   Technical and other minor amendments

Corporations Act 2001

9   Section 9 (paragraph (b) of the definition of continuously quoted securities )

Repeal the paragraph, substitute:

(b) are securities of an entity in relation to which the following subparagraphs are satisfied:

(i) no exemption under section 111AS or 111AT, or modification under section 111AV, covered the entity, or any person as director or auditor of the entity,at any time in that 12 months; and

(ii) no exemption under paragraph 741(1)(a), or declaration under paragraph 741(1)(b), relating to a provision that is a disclosing entity provision for the purposes of Division 4 of Part 1.2A covered the entity, or any person as director or auditor of the entity,at any time in that 12 months; and

(iii) no order under section 340 or 341 covered the entity, or any person as director or auditor of the entity,at any time in that 12 months;