CORPORATIONS REGULATIONS 1990 (REPEALED)
Chapter 6D of the Corporations Law does not apply to a deliverable share futures contract.
1.2.23(2)
Chapter 7 of the Corporations Law, except Part 7.2A, subsection 979(1) (as modified by regulation 1.2.26), sections 995 and 998, Division 2A of Part 7.11, Part 7.13 and section 1114, does not apply to a deliverable share futures contract.
1.2.23(3)
However, Part 7.10 of the Corporations Law applies if a claim does not relate directly to a transfer of shares between the person in the bought position and the person in the sold position under a deliverable share futures contract.
Note For example, it is intended that if a dealer fraudulently or negligently uses shares held for a client to settle another client ' s deliverable share futures contract, the first-mentioned client may make a claim under Pt 7.10.
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