ASX'S POLICY on the CANCELLATION
of MARKET TRANSACTIONS
The provision of dealing services by Lands Kirwan Tong Stockbrokers in relation to ASX listed securities or derivatives will be subject to the ASX Market Rules, the practices and procedures of the ASX and the relevant clearing house (ASX Group Rules).
The ASX Group is permitted under the ASX Group Rules to direct us to cancel or amend any market transaction that is effected by an error or omission. Under the ASX Group Rules we may elect (by agreement with the other broker) to cancel or amend a market transaction(s) or we may be directed by the ASX Group to cancel or amend a market transaction(s). This may be as a result of:
(a) an honest and genuine mistake in relation to the characteristics, details or execution of a market transaction; or
(b) a breakdown or malfunction of the ASX Group's systems or any other technical or administrative error effecting the market transaction.
Where a transaction is executed by us on your behalf, you consent to any decision made by us to cancel or amend such market transaction(s), or any direction by ASX compelling us to cancel such market transaction(s) and agree that we will not be liable to you or any other person in contract or tort or on any other basis for any loss, damage, cost or expense arising directly or indirectly from such cancellation or amendment.