Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1042D

Meaning of material effect

    For the purposes of this Division, a reasonable person would be taken to expect information to have a material effect on the price or value of particular Division   3 financial products if (and only if) the information would, or would be likely to, influence persons who commonly acquire Division   3 financial products in deciding whether or not to acquire or dispose of the first - mentioned financial products.



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