CORPORATIONS REGULATIONS 1990 (REPEALED)

CHAPTER 1 - INTRODUCTORY  

PART 1.2 - INTERPRETATION  

Division 2 - Deliverable bond futures contracts  

Subdivision D - Modifications of the Corporations Law applying in relation to deliverable bond futures contracts  

REGULATION 1.2.16  

1.2.16   MODIFICATION OF SECTION 9 OF THE CORPORATIONS LAW  
Section 9 of the Corporations Law is modified in relation to its application to deliverable bond futures contracts:

(a) by omitting the definition of bought position and substituting:

" bought position
, in relation to a deliverable bond futures contract, means the position where, under the contract, a person has a Chapter 8 obligation to accept a transfer of a particular quantity of 3 year, or 10 year, Treasury bonds, or a chose in action representing the bonds, in accordance with the contract; " ; and

(b) by omitting the definition of sold position and substituting:

" sold position
, in relation to a deliverable bond futures contract, means the position where, under the contract, a person has a Chapter 8 obligation to transfer a particular quantity of 3 year, or 10 year, Treasury bonds, or a chose in action representing the bonds, in accordance with the contract; " .