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
History
Heading amended by No 104 of 1994, Sch 8 (effective 1 January
1995).
SECTION 778
GAMING AND WAGERING LAWS NOT APPLICABLE TO CERTAIN CONTRACTS AND RELEVANT AGREEMENTS
778(1)
[Option contracts]
Nothing in a law of this jurisdiction about gaming or wagering prevents the entering into of, or affects the validity or enforceability of, an option contract entered into on:
(a)
a stock market of a securities exchange; or
(b)
an exempt stock market.
History
S 778(1) amended by No 33 of 1995, s 7 (effective 12 April 1995).
S 778(1) substituted by No 110 of 1990, Sch 1 (effective 18 December 1990).
778(2)
[Relevant agreements]
Nothing in a law of this jurisdiction about gaming or wagering prevents the entering into, or affects the validity or enforceability, of a relevant aggreement of a kind prescribed for the purposes of paragraph
92A(1)(b).
History
S 778(2) inserted by No 33 of 1995, s 7 (effective 12 April 1995).