Financial Relations Agreement (Consequential Provisions) Act 2000

Section 4 of the Principal Act is amended –

(a) by omitting from subsection (1) the definitions of "Australian Stock Exchange" and "broker";

(b) by omitting from subsection (1) the definition of "marketable security" and substituting the following:

" 'marketable security' includes –

(a) a share in the capital of, or a debenture of, a company that is not quoted on a recognised stock exchange;

(b) a right (whether existing or future and whether contingent or not) of a person to have issued or transferred to the person a share or debenture of a kind referred to in paragraph (a), whether on payment of money or other consideration or not; and

(c) any right or interest (whether described as a unit, sub-unit or otherwise) of a beneficiary under a unit trust scheme that is not quoted on a recognised stock exchange;";

(c) by inserting after the definition of "recipient" in subsection (1) the following:

" 'recognised stock exchange' means a stock exchange prescribed as a recognised stock exchange for the purposes of this Act;";

(d) by omitting from the definition of "return" in subsection (1) "64, 69N,";

(e) by omitting from subsection (1) the definition of "SCH-regulated transfer";

(f) by omitting from paragraph (d) of the definition of "trustee" in subsection (1) "winding-up;" and substituting "winding-up; and";

(g) by omitting paragraph (e) of the definition of "trustee" in subsection (1); and