Document ID: chunk:federal_register_of_legislation:C2023A00076:clause:2_1042a
Version: federal_register_of_legislation:C2023A00076
Segment Type: clause
Provision Reference: sch 2 cl 1042A
Character Range: 178936–180230

1042A  Meaning of some terms relating to the insider trading prohibitions
 (1) In this Act:
Division 3 financial products means:
 (a) securities; or
 (b) derivatives; or
 (c) interests in a managed investment scheme; or
 (d) debentures, stocks or bonds issued or proposed to be issued by a government; or
 (e) superannuation products, other than those prescribed by regulations made for the purposes of this paragraph; or
 (f) any other financial products that are able to be traded on a financial market.
inside information means information in relation to which the following paragraphs are satisfied:
 (a) the information is not generally available;
 (b) if the information were generally available—a reasonable person would expect it to have a material effect on the price or value of particular Division 3 financial products.
relevant Division 3 financial products, in relation to particular inside information, means the Division 3 financial products referred to in paragraph (b) of the definition of inside information in this subsection.
 (2) In this Division:
information includes:
 (a) matters of supposition and other matters that are insufficiently definite to warrant being made known to the public; and
 (b) matters relating to the intentions, or likely intentions, of a person.