103A. Interpretation of this Division

Terms defined in this Act

• business

  business

  Defined · s 46AAA

  “business” includes affairs and property;

  Open s 46AAA
• capital markets services licence

  capital markets services licence

  Defined · s 2

  “capital markets services licence” means a licence that is granted by the Authority under section 86 to a person to carry on a business in any regulated activity;

  Open s 2
• customer

  customer

  Defined · s 2

  “customer” means —(a)in relation to a holder of a capital markets services licence —(i)for the purposes of Parts 4, 6, 7 and 15, a person on whose behalf the holder carries on or will carry on any regulated activity; or(ii)for the purposes of Part 5 —(A)a person on whose behalf the holder carries on or will carry on any regulated activity; or(B)any other person with whom the holder, as principal, enters or will enter into transactions for the sale or purchase of capital markets products,but does not include such person or class of persons as may be prescribed for the purposes of this sub‑paragraph; or(b)for the purposes of Part 3 and the definition of “user”, a person on whose behalf a member of an approved exchange, an approved clearing house, a recognised clearing house or a recognised market operator (as the case may be) carries on any activity regulated under this Act, but does not include —(i)the member, with respect to dealings for the member’s own account;(ii)any officer, director, employee or representative of the member; or(iii)a related corporation of the member, with respect to accepted instructions to deal for an account belonging to, and maintained wholly for the benefit of, that related corporation;

  Open s 2