12BLCThis Subdivision does not apply to certain contracts connected with financial markets

12BLC This Subdivision does not apply to certain contracts connected with financial markets

(1) This Subdivision does not apply to a contract: (a) that exists because of: (i) section 793B of the Corporations Act (legal effect of operating rules of a licensed market); or (ii) section 822B of that Act (legal effect of operating rules of a licensed CS facility); or (b) that is made under, or in accordance with: (i) the operating rules of a licensed market; or (ii) the operating rules of a licensed CS facility.

Note: A licensed CS facility is a clearing and settlement facility whose operation is authorised by an Australian CS facility licence.

(2) This Subdivision does not apply to a contract between: (a) the operator of a licensed market; and (b) any of the following: (i) an entity included in the market’s official list; (ii) the responsible entity for a registered scheme that is so included; (iii) the operator of a foreign passport fund that is so included; to the extent that the contract consists of, or includes, listing rules of the licensed market.