Commonwealth Numbered Acts

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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 766G

Exchange's obligation to avoid unacceptable ownership situation

(1) The Exchange must take all reasonable steps to ensure that an unacceptable ownership situation does not exist in relation to the Exchange. (2) If the Exchange knowingly or recklessly contravenes subsection (1), the Exchange is guilty of an offence.

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