Corporations Act 2001
CHAPTER 7
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FINANCIAL SERVICES AND MARKETS
PART 7.10
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MARKET MISCONDUCT AND OTHER PROHIBITED CONDUCT RELATING TO FINANCIAL PRODUCTS AND FINANCIAL SERVICES
Division 1
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Preliminary
SECTION 1040B
TREAT CERTAIN INSTRUMENTS AS IF THEY WERE FINANCIAL PRODUCTS AND DIVISION 3 FINANCIAL PRODUCTS
1040B(1)
This Part applies to bank accepted bills, and to negotiable certificates of deposit, as if they were:
(a) financial products; and
(b) Division 3 financial products (within the meaning of Division 3). 1040B(2)
If a term used in this Part is defined outside of this Part by reference to financial products, treat that term when used in this Part as if that reference to financial products included a reference to each of the following:
(a) bank accepted bills;
(b) negotiable certificates of deposit. 1040B(3)
Subsections (1) and (2) do not, by implication, affect the interpretation of any other provision:
(a) of this Act; or
(b) of an instrument made under this Act.
[ CCH Note: Ch 7 will be amended by No 8 of 2022, s 3, Sch 2[165], by inserting the note, (effective 1 July 2022). The note will read:
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .]
View history note
Hide history noteThis Part applies to bank accepted bills, and to negotiable certificates of deposit, as if they were:
(a) financial products; and
(b) Division 3 financial products (within the meaning of Division 3). 1040B(2)
If a term used in this Part is defined outside of this Part by reference to financial products, treat that term when used in this Part as if that reference to financial products included a reference to each of the following:
(a) bank accepted bills;
(b) negotiable certificates of deposit. 1040B(3)
Subsections (1) and (2) do not, by implication, affect the interpretation of any other provision:
(a) of this Act; or
(b) of an instrument made under this Act.
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