but does not include a futures contract or an excluded security.
- Note: Regulations under subsection 92A(2) may provide that specified
provisions of this Act and the regulations apply in relation to
relevant agreements to which section 92A applies as if the agreements
were securities.
(2) The expression securities , when used in relation to a body, means:
- (a)
- shares in the body; or
- (b)
- debentures of the body; or
- (c)
- interests in a managed investment scheme made available by the body; or
- (ca)
- in Parts 7.3 to 7.6 (inclusive)—interests made available by the
body that would be interests in a managed investment scheme but for
paragraph (h) of the definition of managed investment scheme in
section 9; or
- (d)
- units of such shares;
but does not include a futures contract or an excluded security.
(2A) In Parts 7.3 to 7.6 (inclusive):
"securities" includes an interest in a benefit fund (within the meaning of the
Life Insurance Act 1995 ).
- Note: See section 16B of the Life Insurance Act 1995 .
(3) In Chapters 6 to 6D (inclusive):
"securities" means:
- (a)
- shares in a body; or
- (b)
- debentures of a body; or
- (c)
- interests in a registered managed investment scheme; or
- (d)
- legal or equitable rights or interests in:
- (i)
- shares; or
- (ii)
- debentures; or
- (iii)
- interests in a registered managed investment scheme;
- (e)
- options to acquire (whether by way of issue or transfer) a security
covered by paragraph (a), (b), (c) or (d).
It does not cover a futures contract or an option approved by a securities
exchange as an exchange traded option.
- Note: Section 9 defines body and sections 9 and 72 define
futures contract .
Commonwealth Numbered Acts