Clause 216
Material effect on price or value of securities
of Securities and Futures Bill
BillNot in forceProvision 216 of 348
Clause 216
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 securities if the information would, or would be likely to, influence persons who commonly invest in securities in deciding whether or not to subscribe for, buy or sell the first-mentioned securities.