CORPORATIONS ACT 2001 No. 50, 2001 - SECT 954W Interpretation
CORPORATIONS ACT 2001 No. 50, 2001 - SECT 954W
InterpretationIn this Division:
- (a)
- an obligation to transfer securities under an agreement for the purchase of securities, where the purchase is, for the purposes of Division 6, a reportable transaction; or
- (b)
- an obligation to transfer securities under a replacement agreement in relation to an agreement of the kind referred to in paragraph (a) that has been novated; or
- (c)
- an obligation to transfer securities under a guaranteed securities loan; or
- (d)
- an obligation to transfer securities under a replacement agreement in relation to a guaranteed securities loan that has been novated; or
- (e)
- an obligation to transfer securities that arose as mentioned in paragraph 954P(1)(b).
- (a)
- except in the case of a purchase obligationdischarge the whole or a part of the obligation; or
- (b)
- in the case of a purchase obligationdischarge the whole of the obligation.
-
"purchase obligation" means an obligation of the kind referred to in
paragraph (a) of the definition of claimable obligation .