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 7 - SECURITIES
PART 7.2 - SECURITIES EXCHANGES AND STOCK MARKETS
SECTION 769B
MINISTER'S DIRECTIONS TO COMPLY WITH ONGOING REQUIREMENTS
769B(1)
[Minister's power]
If the Minister is of the opinion that a securities exchange is not complying with the requirements of section
769A, the Minister may publish a notice in the Gazette, directing the exchange to do specified things that the Minister believes will promote compliance by the exchange with those requirements.
769B(2)
[Exchange must comply with direction]
A securities exchange must comply with a direction under subsection (1).
769B(3)
[Court may order compliance]
If a securities exchange contravenes a direction under subsection (1), the Court, on application by the Commission, may order the exchange to comply with the direction.