Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1043J

Exception for officers or agents of body corporate

             (1)  Subject to subsection (2), a person (the first person ) does not contravene subsection 1043A(1) by entering into a transaction or agreement on behalf of a person (the second person ) in relation to financial products issued by another person (the third person ) merely because the first person is aware that the second person proposes to enter into, or has previously entered into or proposed to enter into, one or more transactions or agreements in relation to financial products issued by the third person or by a fourth person.

             (2)  Subsection (1) does not apply unless the first person became aware of the matters referred to in that subsection in the course of the performance of duties as an officer or employee of the second person or in the course of acting as an agent of the second person.



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