Document ID: chunk:federal_register_of_legislation:C2004A04501:schedule:2:p10
Version: federal_register_of_legislation:C2004A04501
Segment Type: schedule
Provision Reference: sch 2 (pt 10/22)
Character Range: 457952–461314

the following word and paragraph:

       "and (aa) a transfer of the securities pursuant to the purchase would not be an SCH-regulated transfer; and".

Effect of using a transfer delivery service

141. Section 954C of the Corporations Law is amended by omitting from subparagraph (b)(i) "participating exchange" and substituting "settlement authority".

Effect of novation, under business rules, of guaranteed securities loan

142. Section 954E of the Corporations Law is amended by omitting from paragraph (3)(b) "participating exchange" and substituting "settlement authority".

Effect of using a transfer delivery service

143. Section 954M of the Corporations Law is amended by omitting from subparagraph (b)(i) "participating exchange" and substituting "settlement authority".

Claim in respect of failure to pay net amount in respect of transactions

  144. Section 954N of the Corporations Law is amended:

     (a)     by omitting from paragraph (1)(a) "participating exchange" (wherever occurring) and substituting "settlement authority";

     (b)    by omitting from subparagraph (1)(b)(i) "dealer or dealers" and substituting "person or persons";

     (c)     by inserting in subparagraph (1)(b)(ii) ", or to some other person or persons nominated under the provisions" after "the dealer";

   (d)    by omitting from subsection (1) "or partnership";

     (e)     by omitting from subsection (2) "the participating" and substituting "a participating";

   (f)      by adding at the end the following subsection:

       "(4) In this section:

     'person' includes a partnership.".

Claim in respect of failure to transfer net number of securities in respect of transactions

  145. Section 954P of the Corporations Law is amended:

     (a)     by omitting from paragraph (1)(a) "participating exchange" (wherever occurring) and substituting "settlement authority";

     (b)    by omitting from subparagraph (1)(b)(i) "dealer or dealers" and substituting "person or persons";

    (c)     by inserting in subparagraph (1)(b)(ii) ", or to some other person or persons nominated under the provisions" after "the dealer";

    (d)    by omitting from subsection (2) "participating exchange" and substituting "settlement authority";

  (e)     by omitting from subsection (2) "or partnership";

     (f) by omitting from subsection (3) "participating exchange" (wherever occurring) and substituting "settlement authority";

    (g) by omitting from subsection (3) "or partnership" (wherever occurring);

     (h) by omitting from subsection (4) "the participating" and substituting "a participating";

   (i) by adding at the end the following subsection:

      "(6) In this section:

     'person' includes a partnership.".

How claim under subsection 954P(2) is to be satisfied

146. Section 954S of the Corporations Law is amended by omitting "participating exchange" from paragraph (a) of the definition of "pre-cash settlement period" in subsection (5) and substituting "settlement authority".

How claim under subsection 954P(3) is to be satisfied

147. Section 954T of the Corporations Law is amended by omitting "participating exchange" (wherever occurring) and substituting "settlement authority".

Claims in respect of default by TDS nominee

148. Section 954X of the Corporations Law is amended by omitting from subparagraph (1)(c)(i)