Commonwealth Numbered Acts

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CORPORATIONS ACT 2001 - SECT 28

Dealing in futures contracts, through intermediaries, on futures markets

(1) This section has effect where a person acquires, disposes of, or otherwise deals in, a futures contract on a futures market and by virtue of:

(a)
an application of section 26; or

(b)
an application of section 26 and an application or applications of section 27;

another person:

(c)
is also taken to acquire, dispose of, or deal in, the futures contract; or

(d)
is taken to acquire, dispose of, or deal in, the futures contract on a third person's behalf.

(2) The other person is taken to acquire, dispose of, or deal in, the futures contract on that futures market, or on the third person's behalf on that futures market, as the case may be.



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