CORPORATIONS REGULATIONS 2001 - REG 7.1.04D Meaning of issuer for certain derivatives

CORPORATIONS REGULATIONS 2001 - REG 7.1.04D

  (1)   This regulation applies in relation to a financial product that:

  (a)   is a derivative; and

  (b)   is entered into, or acquired through a facility conducted in accordance with:

  (i)   the Corporations (Exempt Futures Market--National Wholesale Electricity) Declaration   1999 ; or

  (ii)   the Corporations (Exempt Futures Market) Declaration   2001 .

  (2)   For paragraph   761E(7)(a) of the Act, each person who is a party to the financial product is taken to be an issuer of the financial product.

  (3)   For paragraph   761E(7)(a) of the Act, subsections   761E(5) and (6) of the Act do not apply to the financial product.