Document ID: chunk:federal_register_of_legislation:F2016L00334:body:0:p6
Version: federal_register_of_legislation:F2016L00334
Segment Type: other
Provision Reference: 
Character Range: 12632–15418

conversion of the convertible security, then the number is to be determined by reference to the price at which the securities were traded:
              (a) where under the convertible terms the relevant price is to be determined by reference to trading over a period of time—over the period ending on the record date; or
              (b) where under the convertible terms the relevant price is the price at a particular time—as at that time on the record date.
           (16) For the purposes of this section, if under the terms on which a security (the component security) is traded on a prescribed financial market it can only be transferred together with one or more other securities or other financial products (together the stapled security) then:
              (a) the component security is taken to be in a class of quoted securities that is different from any other class of quoted securities it is in, or is taken to be in, when at any other time it is able to be transferred on the market by itself or as part of a different stapled security; and
              (b) trading in the class of quoted securities that the component security is taken to be in on the market is taken to be suspended when trading in the class of stapled securities on the market is suspended.".

7 Rights issues and related issues for which PDS is not required
    Part 7.9 of the Act applies in relation to all persons as if section 1012DAA of the Act were modified or varied as follows:
       (a) in paragraph (2)(a) omit "rights issue;", substitute "rights issue or related issue;";
       (b) in paragraph (2)(f) omit "occurs.", substitute "first occurs under the rights issue or by any earlier time required by the market operator.";
       (c) omit paragraph (10)(a), substitute:
           "(a) a notice given under subsection (2) or (12) is defective; and";
       (d) in paragraph (10)(b) omit "within 12 months after the relevant product is issued;", substitute "within the period commencing on the date the notice is given under paragraph (2)(f) and ending 12 months after the last issue of the relevant product that occurs under the rights issue or any related issue";
       (e) in subsection (11) omit "the notice under subsection (2)", substitute "a notice under subsection (2) or (12)";
       (f) omit paragraph (11)(a), substitute:
           "(a) does not comply with paragraph (2)(f) or subsection (12); or";
       (g)  after subsection (11), insert:
           "(12) If, at any time in the period (the relevant period) between the date the notice was given under paragraph (2)(f) and the last issue of the relevant product under the rights issue or a related issue, the issuer of the relevant product becomes aware of:
              (a) any information that would be excluded