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CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 694.75 Securities

CORPORATIONS (ABORIGINAL AND TORRES STRAIT ISLANDER) ACT 2006 - SECT 694.75

Securities

  (1)   Subject to this section, securities means:

  (a)   debentures, stocks or bonds issued or proposed to be issued by a government; or

  (b)   shares in, or debentures of, a body; or

  (c)   interests in a managed investment scheme; or

  (d)   units of such shares;

but does not include:

  (e)   a derivative (within the meaning of Chapter   7 of the Corporations Act), other than an option to acquire by way of transfer a security covered by paragraph   (a), (b), (c) or (d); or

  (f)   an excluded security.

  (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

  (d)   units of such shares;

but does not include:

  (e)   a derivative (within the meaning of Chapter   7 of the Corporations Act), other than an option to acquire by way of transfer a security covered by paragraph   (a), (b), (c) or (d); or

  (f)   an excluded security.

  (3)   An expression used in this section and in the Corporations Act has the same meaning in this section as it has in that Act.