Document ID: chunk:federal_register_of_legislation:C2005C00498:clause:1_761b
Version: federal_register_of_legislation:C2005C00498
Segment Type: clause
Provision Reference: sch 1 cl 761B
Character Range: 22484–23140

761B  Meaning of arrangement—2 or more arrangements that together form a derivative or other financial product

  If:
 (a) an arrangement, when considered by itself, does not constitute a derivative, or some other kind of financial product; and
 (b) that arrangement, and one or more other arrangements, if they had instead been a single arrangement, would have constituted a derivative or other financial product; and
 (c) it is reasonable to assume that the parties to the arrangements regard them as constituting a single scheme;
the arrangements are, for the purposes of this Part, to be treated as if they together constituted a single arrangement.