122AAInterpretation

122AA Interpretation

(1) In this Part, unless the contrary intention appears:

Board means the committee of the Corporation.

claim means a claim under Division 6, 6A or 7.

eligible exchange means:

(a) the Exchange; or

(b) a securities exchange, or a recognised securities exchange, that is neither the Exchange nor an Exchange subsidiary.

Fund provisions means all of the following provisions:

(a) the provisions of this Part;

(b) the respective provisions of the laws of the participating States and participating Territories that correspond with this Part.

minimum amount means:

(a) unless paragraph (b) applies—$15,000,000; or

(b) if a determination is in force under section 122DD—the amount specified in the determination as the minimum amount of the Fund for the purposes of the Fund provisions.

obligations, in relation to a member or member organisation of a participating exchange, in relation to a person, includes obligations arising under a law, under the participating exchange’s business rules or under an agreement between:

(a) in any case—the member or member organisation and the person; or

(b) if the member is a partner in a member organisation of the participating exchange—the last‑mentioned member organ‑isation and the person.

orderly market means an orderly market on a stock market of a participating exchange or of an Exchange subsidiary.

participating exchange means an eligible exchange that is a member of the Corporation.

property includes money, securities, and documents of title to, and instruments of transfer relating to, securities.

quoted securities, in relation to a transaction, means securities that, at the time when the agreement for the transaction is made, are quoted on a stock market of a participating exchange or of an Exchange subsidiary.

relative, in relation to a person, means a parent or remoter lineal ancestor, son, daughter or remoter issue, or brother or sister, of the person.

relevant Act means the Australian Stock Exchange and National Guarantee Fund Act 1987.

relevant commencement means the commencement of section 15 of the relevant Act.