Exception for eligible water markets intermediary and clients
101JD Exception for eligible water markets intermediary and clients
An eligible water markets intermediary that is aware of non‑water announcement information does not contravene section 101JA if the eligible water markets intermediary takes an action referred to in paragraph 101JA(2)(a), (b) or (c) in accordance with a specific instruction from a client.
A client of an eligible water markets intermediary who is aware of non‑water announcement information does not contravene section 101JA if:
the person takes an action referred to in paragraph 101JA(2)(d); and
the action is taken in the course of seeking water markets intermediary services; and
the non‑water announcement information is about the past, current or proposed trading or business activity of the client.
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