Document ID: chunk:federal_register_of_legislation:C2025C00185:section:1042c
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 1042C
Character Range: 4598601–4599500

1042C  Meaning of generally available
 (1) For the purposes of this Division, information is generally available if:
 (a) it consists of readily observable matter; or
 (b) both of the following subparagraphs apply:
 (i) it has been made known in a manner that would, or would be likely to, bring it to the attention of persons who commonly invest in Division 3 financial products of a kind whose price might be affected by the information; and
 (ii) since it was made known, a reasonable period for it to be disseminated among such persons has elapsed; or
 (c) it consists of deductions, conclusions or inferences made or drawn from either or both of the following:
 (i) information referred to in paragraph (a);
 (ii) information made known as mentioned in subparagraph (b)(i).
 (2) None of the paragraphs of subsection (1) limits the generality of any of the other paragraphs of that subsection.