Commonwealth Numbered Acts

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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 1255

Exceptions: licensed futures brokers

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; and

(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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