Commonwealth Numbered Acts

COMPANIES AND SECURITIES LEGISLATION (MISCELLANEOUS AMENDMENTS) ACT 1985 No. 192 of 1985 - SECT 186

186. Section 41 of the Principal Act is amended -
(a) by omitting from sub-section (3) "of a stock market of a stock exchange"
and substituting "or trading floors of a securities exchange";
(b) by omitting from sub-section (4) "the trading floor of a stock market of
a stock exchange" and substituting "a trading floor of a securities exchange";
and

   (c)  by omitting sub-section (5) and substituting the following
        sub-section:

"(5) In this section, 'trading floor', in relation to a securities exchange,
means a place or facility maintained or provided by the securities exchange
for -

   (a)  the making or acceptance, by members of the securities exchange, or by
        such members and other persons, of offers to sell, purchase or
        exchange securities;

   (b)  the making, by members of the securities exchange, or by such members
        and other persons, of offers or invitations that are intended, or may
        reasonably be expected, to result, whether directly or indirectly, in
        the making or acceptance of offers to sell, purchase or exchange
        securities; or

   (c)  the provision of information concerning the prices at which, or the
        consideration for which, particular persons, or particular classes of
        persons, propose, or may reasonably be expected, to sell, purchase or
        exchange securities.".