CTHRepealedAct
Australian Securities and Investments Commission Act 1989
12JBDefinitions
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#### 12JB Definitions
In this Subdivision, unless the contrary intention appears:
> applied law means the securities provisions, as they have effect in accordance with this Subdivision.
> constitutional corporation means any of the following:
(a) a body corporate to which paragraph 51(xx) of the Constitution applies;
(b) a body corporate that is incorporated in the Australian Capital Territory or the Northern Territory;
(c) a body corporate that carries on, as its sole or principal business, the business of:
(i) banking (other than State banking not extending beyond the limits of the State concerned); or
(ii) insurance (other than State insurance not extending beyond the limits of the State concerned);
(d) a body corporate that is a holding company of a body corporate covered by any of the above paragraphs.
> securities provisions means the following provisions, so far as they relate to dealings in securities by a constitutional corporation:
(a) sections 670A, 726, 727, 728 and 995 of the Corporations Law (the primary provisions);
(b) the other provisions of the Corporations Law, the Corporations Regulations, the ASC Law or the ASC Regulations, so far as those provisions are incidental to the operation of the primary provisions;
(c) the provisions of any Act (including this Act), or of a law of a State or Territory that corresponds to the Corporations Act 1989, so far as those provisions are incidental to the operation of the primary provisions.