Commonwealth Numbered Acts

CO-OPERATIVE SCHEME LEGISLATION AMENDMENT ACT 1989 No. 92 of 1989 - SECT 19

19. After section 133BC of the Principal Act the following section is
inserted: On-market purchase

"133BD. (1) An on-market purchase is a buy-back by a listed body, at an
official meeting of a securities exchange, in the ordinary course of trading
on a stock market of that securities exchange.

"(2) For the purposes of subsection (1), an acquisition is not made in the
ordinary course of trading on a stock market of a securities exchange if, when
reported to the securities exchange, the transaction under which the
acquisition is made is, under the securities exchange's rules, described as
'special'.".