Document ID: chunk:federal_register_of_legislation:C2004A03415:body:0:p55
Version: federal_register_of_legislation:C2004A03415
Segment Type: other
Provision Reference: 
Character Range: 136158–139014

subsidiary' means a securities exchange, or a stock exchange, that is a subsidiary of the Exchange;
        'home stock exchange', in relation to a stock exchange listed company, means the stock exchange designated to the company, for the purposes of the Exchange's listing rules, as the company's Home Exchange;";
     (c) by omitting "a securities exchange (not being a stock exchange)" from paragraph (b) of the definition of "notifiable securities exchange" and substituting "a securities exchange (other than the Exchange), or a stock exchange (other than the Exchange),";
     (d) by inserting before the definition of "renounceable option" the following definition:
        " 'relevant official meeting', in relation to an announcement relating to shares included in a class of shares in a company, means an official meeting of the Exchange:
          (a) held on a stock market of the company's home stock exchange; and
          (b) of a kind at which shares included in that class are usually dealt in;
      whether or not shares included in that class are dealt in at that official meeting;";
     (e) by inserting after the definition of "renounceable option" the following definition:
        " 'representative', in relation to a dealer, includes:
          (a) in any case—an employee of the dealer; and

          (b) if the dealer is a partner in a partnership that carries on a business of dealing in securities:
             (i) another partner in the partnership; or
             (ii) an employee of the partnership;";
     (f) by inserting "the Exchange or" after "means" in the definitions of "securities exchange" and "stock exchange"; and
     (g) by omitting "a stock exchange" from the definition of "stock exchange listed company" and substituting "the Exchange".

Other interpretative and evidentiary provisions
18. Section 8 of the Principal Act is amended by inserting after subsection (9) the following subsections:
"(9a) Unless the contrary intention appears, a reference in this Act to a stock market of a securities exchange or of a stock exchange includes, in the case of the Exchange, a reference to a stock market of a securities exchange, or of a stock exchange, as the case may be, that is a subsidiary of the Exchange.
"(9b) For the purposes of this Act, an announcement that a representative of a dealer makes, on behalf of the dealer, at an official meeting of the Exchange shall be deemed to be made by the dealer.".

Take-over announcements
19. Section 17 of the Principal Act is amended:
     (a) by omitting subsection (2) and substituting the following subsections: "(2) Subject to this section, a person, or 2 or more persons together, may make offers to acquire shares included in a class of shares in a stock exchange listed company by causing a dealer to make on its or their behalf at a relevant official