THE CORPORATIONS LAW

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 8 - THE FUTURES INDUSTRY

PART 8.7 - OFFENCES

Division 1 - Insider dealing

SECTION 1255 EXCEPTIONS: LICENSED FUTURES BROKERS

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1255 For the purposes of this Part, a person who holds a futures brokers licence is not precluded from dealing in a futures contract concerning a body corporate if:

(a) the licensee enters into the dealing as agent for another person pursuant to a specific instruction by that other person to enter into that dealing;

(b) the licensee has not given any advice to the other person in relation to dealing in a futures contract concerning the body corporate; and

(c) the other person is not, in relation to the dealing, an associate of the licensee.

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