Financial Services Reform Act 2001 (122 of 2001)

Schedule 1 Financial Services and Markets

Repeal the definition, substitute:

on-market : a transaction of any kind is an on-market transaction if it is effected on a prescribed financial market and is:

(a) an on-market transaction as defined in the rules governing the operation of the market; or

(b) if those rules do not define on-market transactions - effected in the ordinary course of trading on the market.