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CORPORATIONS ACT 2001 - SECT 791B Other prohibitions on holding out

CORPORATIONS ACT 2001 - SECT 791B

Other prohibitions on holding out

    A person must not hold out:

  (a)   that the person has an Australian market licence; or

  (b)   that the operation of a financial market by the person in this jurisdiction is authorised by an Australian market licence; or

  (c)   that a financial market is exempt from the operation of this Part; or

  (d)   that the person is a participant in a licensed market;

if that is not the case.

Note:   Failure to comply with this subsection is an offence (see subsection   1311(1)).

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