CORPORATIONS ACT 2001 No. 50, 2001 - SECT 948 Definitions
CORPORATIONS ACT 2001 No. 50, 2001 - SECT 948
DefinitionsIn this Division, unless the contrary intention appears:
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"claim" means a claim under this Division against SEGC.
"completion period", in relation to a sale or purchase of securities by a dealer, means:
- (a)
- if the business rules of a participating exchange of which the dealer is a member organisation, being those business rules as in force when the agreement for the sale or purchase is made, prescribe a period, for the purposes of this paragraph, in relation to a class of sales or purchases that includes the sale or purchase—that period; or
- (b)
- otherwise—a period that is reasonable, having regard to all the circumstances relating to the sale or purchase.
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"dealer" means a person who, or a partnership that, is or has at any time been
a member organisation of a participating exchange.
"Exchange body" means the Exchange or a subsidiary of the Exchange.
"prescribed period", in relation to a sale or purchase of securities by a dealer, means:
- (a)
- if the business rules of a participating exchange of which the dealer is a member organisation, being those business rules as in force when the agreement for the sale or purchase is made, prescribe a period, for the purposes of this paragraph, in relation to a class of sales or purchases that includes the sale or purchase—that period; or
- (b)
- otherwise—a period that is reasonable, having regard to all the circumstances relating to the sale or purchase.
-
"purchase price", in relation to a purchase of securities by a dealer
on behalf of a person, means the total of:
-
"reportable transaction" means a transaction, entered into before or after the
commencement of this Act in relation to securities, that is or has at any time
been a reportable transaction as defined in subsection 920(1).