CORPORATIONS REGULATIONS 2001 - REG 7.1.22A Retail clients and wholesale clients: value of foreign exchange contracts
CORPORATIONS REGULATIONS 2001 - REG 7.1.22A
Retail clients and wholesale clients: value of foreign exchange contracts(1) This regulation makes arrangements about the value of a foreign exchange contract that is not a derivative.
(2) For paragraph 761G(7)(a) of the Act, the amount applicable to a foreign exchange contract is $500 000.
Working out value: general rule
(3) For paragraph 761G(10)(a) of the Act, the value of a
foreign exchange contract is the amount paid or payable under the foreign
exchange contract.