Document ID: chunk:federal_register_of_legislation:C2023A00076:clause:2_646
Version: federal_register_of_legislation:C2023A00076
Segment Type: clause
Provision Reference: sch 2 cl 646
Character Range: 222658–223240

646  Subsection 9(4)
Repeal the subsection, substitute:
 (4) A significant cash transaction is also an exempt transaction if it is between:
 (a) a financial services licensee (within the meaning of the Corporations Act 2001) whose licence covers dealing in derivatives (within the meaning of Chapter 7 of that Act); and
 (b) a clearing and settlement facility (within the meaning of that Act) that is associated with a financial market (within the meaning of Chapter 7 of that Act) of which the financial services licensee is a member.

Foreign Acquisitions and Takeovers Act 1975