Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 1042C

  (1)   For the purposes of this Division, information is generally available if:

  (a)   it consists of readily observable matter; or

  (b)   both of the following subparagraphs apply:

  (i)   it has been made known in a manner that would, or would be likely to, bring it to the attention of persons who commonly invest in Division   3 financial products of a kind whose price might be affected by the information; and

  (ii)   since it was made known, a reasonable period for it to be disseminated among such persons has elapsed; or

  (c)   it consists of deductions, conclusions or inferences made or drawn from either or both of the following:

  (i)   information referred to in paragraph   (a);

  (ii)   information made known as mentioned in subparagraph   (b)(i).

  (2)   None of the paragraphs of subsection   (1) limits the generality of any of the other paragraphs of that subsection.