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CORPORATIONS ACT 2001

CHAPTER 6CA - CONTINUOUS DISCLOSURE    View history reference

SECTION 676  SECTIONS 674 AND 675 - WHEN INFORMATION IS GENERALLY AVAILABLE  

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676(1)  [Effect]  


This section has effect for the purposes of sections 674 and 675.

676(2)  [When information generally available]  


Information is generally available if:


(a) it consists of readily observable matter; or


(b) without limiting the generality of paragraph (a), both of the following subparagraphs apply:


(i) it has been made known in a manner that would, or would be likely to, bring it to the attention of persons who commonly invest in securities of a kind whose price or value might be affected by the information; and

(ii) since it was so made known, a reasonable period for it to be disseminated among such persons has elapsed.

676(3)  [Deductions, conclusions or inferences]  


Information is also generally available if it consists of deductions, conclusions or inferences made or drawn from either or both of the following:


(a) information referred to in paragraph (2)(a);


(b) information made known as mentioned in subparagraph (2)(b)(i).


 



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