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.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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