Corporations Amendment Regulations 2002 (No. 2) (16 of 2002)

Schedule 1   Amendments commencing at 12.01 am (in the Australian Capital Territory) on 11 March 2002

[144]   After regulation 9.5.01

insert

Part 9.12 Matters relating to regulations

9.12.01 Exemptions from Chapter 6D or 7

Subsection 1043A (1) of the Act does not have effect in relation to the following:

(a) the obtaining by a director of a share qualification;

(b) the application for, and acquisition under that application of, financial products of a body corporate by, or by a trustee for, employees of that body, or of a body corporate that is related to the first-mentioned body under a superannuation scheme, pension fund or other scheme established solely or primarily for the benefit of the employees;

(c) a transaction entered into by a person in accordance with his or her obligations under an underwriting agreement;

(d) a person holding the office of:

(i) personal representative of a deceased person; or

(ii) liquidator; or

(iii) trustee under Parts IV, X and XI of the Bankruptcy Act 1966;

in respect of a transaction entered into by the person in good faith in the performance of the functions of the office;

(e) a sale of financial products under:

(i) a mortgage or charge of the financial products; or

(ii) a mortgage, charge, pledge or lien of documents of title to the financial products.


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