CCH Note:
Part 13 of the
Corporations Act 1989, inserted
by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as
follows:
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW
82
The Corporations Law is as follows:...
CHAPTER 1 - INTRODUCTORY
PART 1.2A - DISCLOSING ENTITIES
History
Pt 1.2A inserted by No 31 of 1994, Sch 1, Pt 1 (effective 1 July
1994).
Division 2 - Definitions
History
Heading to Div 2 inserted by No 31 of 1994, Sch 1, Pt 1 (effective 1
July 1994).
SECTION 111AE
SECURITIES QUOTED ON A STOCK MARKET
111AE(1)
[ED securities quoted on stock market]
Securities in a class of securities of a body are
ED securities
if securities in that class are quoted on a stock market of a securities exchange.
111AE(2)
[Commonwealth bodies]
Subsection (1) does not apply to securities of a body if:
(a)
the body is a public authority of the Commonwealth or an instrumentality or agency of the Crown in right of the Commonwealth; and
(b)
the only securities of the body that are quoted as mentioned in subsection (1) are debentures; and
(c)
both the repayment of principal, and the payment of interest, in respect of those debentures is guaranteed by the Commonwealth.
111AE(3)
[State or Territory bodies]
Subsection (1) does not apply to securities of a body that is:
(a)
a public authority of a State or Territory; or
(b)
an instrumentality or agency of the Crown in right of a State or Territory.
History
S 111AE inserted by No 31 of 1994, Sch 1, Pt 1 (effective 1 July 1994).