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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 779F

SCH business rules have effect as contract

(1) The SCH business rules have effect, by force of this section, as a contract under seal:

between the SCH and each issuer; and

between the SCH and each SCH participant; and

between each issuer and each SCH participant; and

between an SCH participant and each other SCH participant;

under which each of the persons mentioned in paragraphs (a) to (d) agrees to observe and perform the provisions of the SCH business rules as in force for the time being to the extent, and in the manner, provided by the SCH business rules.

(2) In this section:

"issuer" means an issuing body, within the meaning of Division 3 of Part 7.13, in relation to quoted securities or quoted rights.

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