Securities Industry Act 1980
36DAdditional functions and powers
Start here
Get a plain-English read of 36D
Turn the raw legal text into a practical explanation grounded in Securities Industry Act 1980.
36D Additional functions and powers
(1) In addition to the legal capacity and powers that it has by virtue of section 67 of the Companies Act 1981, the Exchange:
(a) has such functions and powers as are conferred on it by a relevant Act; and
(b) shall perform any functions, and may exercise any powers, that are conferred, or expressed to be conferred, on it by a State Act or by a regulation or other instrument made under, or by virtue of, a State Act.
(2) Section 68 of the Companies Act 1981 does not apply in relation to a function or power conferred, or expressed to be conferred, as mentioned in paragraph (1)(a) or (b) of this section. (3) Except so far as the contrary intention appears, a reference in this Act to functions or powers of the Exchange includes a reference to functions or powers conferred, or expressed to be conferred, as mentioned in paragraph (1)(a) or (b).