Section 791B — Corporations Act 2001 (Cth)

A person must not hold out:

(a) that the person has an Australian market licence; or

(b) that the operation of a financial market by the person in this jurisdiction is authorised by an Australian market licence; or

(c) that a financial market is exempt from the operation of this Part; or

(ca) that the person is exempt from the operation of this Part; or

(d) that the person is a participant in a licensed market;

if that is not the case.

Note: Failure to comply with this section is an offence (see subsection 1311(1)).

Related sections

• s 769C — Representations about future matters taken to be misleading if made without reasonable grounds
• s 790A — Meaning of clearing and settlement arrangements
• s 791A — Need for a licence
• s 791C — Exemptions by ASIC
• s 791D — When a financial market is operated in this jurisdiction
• s 791E — Criteria for declarations that financial markets have a material connection with this jurisdiction

Research how courts apply s 791B

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.