ASIC Market Integrity Rules (ASX Market) 2010 - LexisNexis

LexisNexis ASIC Market Integrity Rules (ASX Market) 2010“Settlement Rules” means the operating rules, procedures, practices, directions, decisionsand requirements of a Settlement Facility.“Special Crossing” has the meaning given by the Market Operating Rules.“Standard Combination” has the meaning given by the Market Operating Rules.“Structured Product” means a Security or Derivative:(a)(b)(c)which gives the holder financial exposure to the performance of one or moreUnderlying Instruments;the value of which is linked to the performance of those Underlying Instruments; andwhereby investors do not have day to day control over the operation of the entity whichissues or provides the Security or Derivative.“Substantial Holder”:(a)(b)for the purposes of Rule 3.2.5, when used to refer to a Substantial Holder in acorporation, means a person who has or would have a substantial holding if Part 6C ofthe Corporations Act applied to that corporation; andfor the purposes of any other Rule includes a reference to:(i)(ii)a person who has a relevant interest in not less than 5% of a class of non-votingshares of the relevant company or its holding company; andeach person who has a relevant interest in voting shares and non-voting shares ofthe relevant company or its holding company and whose aggregate holdings exceed5% in number of the voting shares on issue of the relevant company or its holdingcompany.“Tailor-Made Combination” has the meaning given by the Market Operating Rules.“Takeover Bid” means an Off-Market Bid or Market Bid.“Takeover Offer” means:(a)(b)an offer under a Takeover Bid and, in respect of an Issuer incorporated or establishedoutside Australia, any similar form of offer; anda Scheme.“Target” means:(a)(b)in relation to an Off-Market Bid or Market Bid, a target within the meaning of theCorporations Act and, in respect of an Issuer incorporated or established outsideAustralia, the equivalent entity; andin relation to a Scheme, the entity or entities in a similar position to a target.“Terms of Issue” means, in relation to Warrants, rights, conditions and obligations of theWarrant-Issuer and the holder of the Warrant.Copyright Australian Securities and Investments Commission. Reproduced with permission.