THE CORPORATIONS LAW

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 8 - THE FUTURES INDUSTRY

PART 8.2 - FUTURES EXCHANGES, CLEARING HOUSES AND FUTURES ASSOCIATIONS

Division 4 - General

SECTION 1141 GAMING AND WAGERING LAWS NOT APPLICABLE TO CERTAIN FUTURES CONTRACTS AND CHAPTER 8 AGREEMENTS

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1141(1) [Futures contracts]

Nothing in a law of this jurisdiction about gaming or wagering prevents the entering into of, or affects the validity or enforceability of, a futures contract made:

(a) on a futures market of a futures exchange or of a recognised futures exchange; or

(b) on an exempt futures market; or

(c) as permitted by the business rules of a futures association, of a futures exchange or of a recognised futures exchange.

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1141(2) [Chapter 8 agreements]

Nothing in a law of this jurisdiction about gaming or wagering prevents the entering into, or affects the validity or enforceability, of a Chapter 8 agreement of a kind prescribed for the purposes of paragraph 72A(1)(b).

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