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 7.11 - CONDUCT IN RELATION TO SECURITIES
CCH Note:
Div 1 of Part 7.11 (sec 994) repealed by No 156 of 1999, Sch 3, Pt 1 (effective 13 March 2000).
Division 2A - Insider trading
History
Div 2A of Pt 7.11 inserted by No 110 of 1991, Sch 4 (effective 1 August
1991).
SECTION 1002H
EXCEPTION FOR WITHDRAWAL FROM REGISTERED SCHEME
1002H
Subsection
1002G(2) does not apply in respect of a member's withdrawal from a registered scheme if the amount paid to the member on withdrawal is calculated (so far as is reasonably practicable) by reference to the underlying value of the assets of the financial or business undertaking or scheme, common enterprise, investment contract or time-sharing scheme to which the member's interest relates, less any reasonable charge for buying the member's interest.
History
S 1002H substituted by No 62 of 1998, Sch 2, Pt 1 (effective 1 July 1998).
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