A T O home
Legal Database
Search   
for 
 
Access the database 
Browse database
Searches  
View last document
Quick access 
View legislation
View a document
Email Cross Reference Material Previous/Next Section Contents Previous/Next Result
Printable version
Printable
version

CORPORATIONS ACT 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS    View history reference

PART 7.10 - MARKET MISCONDUCT AND OTHER PROHIBITED CONDUCT RELATING TO FINANCIAL PRODUCTS AND FINANCIAL SERVICES    View history reference

Division 3 - The insider trading prohibitions    View history reference

Subdivision A - Preliminary    View history reference

SECTION 1042A  

1042A  DEFINITIONS  

 View history reference
In this Division:

able to be traded has a meaning affected by section 1042E.

Division 3 financial products means:


(a) securities; or


(b) derivatives; or


(c) interests in a managed investment scheme; or


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


(d) superannuation products, other than those prescribed by regulations made for the purposes of this paragraph; or


(e) any other financial products that are able to be traded on a financial market.

generally available , in relation to information, has the meaning given by section 1042C.

information includes:


(a) matters of supposition and other matters that are insufficiently definite to warrant being made known to the public; and


(b) matters relating to the intentions, or likely intentions, of a person.

inside information means information in relation to which the following paragraphs are satisfied:


(a) the information is not generally available;


(b) if the information were generally available, a reasonable person would expect it to have a material effect on the price or value of particular Division 3 financial products.

material effect , in relation to a reasonable person's expectations of the effect of information on the price or value of Division 3 financial products, has the meaning given by section 1042D.

procure has a meaning affected by section 1042F.

relevant Division 3 financial products , in relation to particular inside information, means the Division 3 financial products referred to in paragraph (b) of the definition of inside information.


 



This information is provided by CCH Australia Limited. View the disclaimer and notice of copyright.
Top of page
More information on page