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StatuteCorporations Act 2001

Section 1042D — Corporations Act 2001: Meaning of material effect

Text of the provision Official document

For the purposes of this Division, a reasonable person would be taken to expect information to have a material effect on the price or value of particular Division 3 financial products if (and only if) the information would, or would be likely to, influence persons who commonly acquire Division 3 financial products in deciding whether or not to acquire or dispose of the first-mentioned financial products.

Official source: Federal Register of Legislation

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