Document ID: chunk:federal_register_of_legislation:C2025C00185:section:111ae:p2
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 111AE (pt 2/2)
Character Range: 386579–387312

the official list of a declared financial market.
 (2) Subsections (1) and (1A) do not apply to securities of a body if:
 (a) the body is a public authority of the Commonwealth or an instrumentality or agency of the Crown in right of the Commonwealth; and
 (b) the only securities issued by the body that would otherwise be ED securities because of subsection (1) or (1A) are debentures; and
 (c) both the repayment of principal, and the payment of interest, in respect of those debentures is guaranteed by the Commonwealth.
 (3) Subsections (1) and (1A) do not apply to securities of a body that is:
 (a) a public authority of a State or Territory; or
 (b) an instrumentality or agency of the Crown in right of a State or Territory.