Corporations Act 2001
CHAPTER 7
-
FINANCIAL SERVICES AND MARKETS
If:
(a) an arrangement, when considered by itself, does not constitute a derivative, or some other kind of financial product; and
(b) that arrangement, and one or more other arrangements, if they had instead been a single arrangement, would have constituted a derivative or other financial product; and
(c) it is reasonable to assume that the parties to the arrangements regard them as constituting a single scheme;
PART 7.1
-
PRELIMINARY
Division 2
-
Definitions
SECTION 761B
761B
MEANING OF
ARRANGEMENT
-
2 OR MORE ARRANGEMENTS THAT TOGETHER FORM A DERIVATIVE OR OTHER FINANCIAL PRODUCT
If:
(a) an arrangement, when considered by itself, does not constitute a derivative, or some other kind of financial product; and
(b) that arrangement, and one or more other arrangements, if they had instead been a single arrangement, would have constituted a derivative or other financial product; and
(c) it is reasonable to assume that the parties to the arrangements regard them as constituting a single scheme;
the arrangements are, for the purposes of this Part, to be treated as if they together constituted a single arrangement.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.