Document ID: chunk:federal_register_of_legislation:C2004A05288:section:23
Version: federal_register_of_legislation:C2004A05288
Segment Type: section
Provision Reference: s 23
Character Range: 19802–20470

23  Futures contracts, hedging contracts etc.

  Any contract entered into or dealt with by the Board under section 74 of the Wheat Marketing Act 1989 before the commencement of this section in connection with pool return wheat, being new season wheat, has effect, and is taken at all relevant times to have had effect, as if:
 (a) in the case of a contract that relates to a borrowing transaction covered by subsection 22(1)—the contract were entered into or dealt with by the Board in the capacity of agent of nominated company A; or
 (b) in any other case—the contract were entered into or dealt with by the Board in the capacity of agent of nominated company B.